Mellat Investment Bank
Mellat Investment Bank, also known as MellatIB (Persian: تامین سرمایه ملت, Tamin Sarmaye Mellat) is an Iranian investment banking firm based in Tehran. The company offers investment banking services. Mellat Investment Bank is a private joint stock company.
Type | Privately held Company |
---|---|
Industry | Investment Banking Financial services |
Founded | 2011 |
Headquarters | Tehran , Iran |
Products | Financial services, investment banking, private banking, private equity, savings, Securities, asset management, wealth management, |
Parent | Melat financial Group |
Website | mellatib |
It is regulated by the country’s Securities and Exchange Organization (SEO) as part of the government's economic reform of the banking system.
History
Mellat Investment Bank was established under the license of Security Exchange Organization on 30 August 2010.[1] The company began operations on January 18, 2011 and provides various types of financial services such as brokerage, broker-dealer, market making, asset management, Advisory services, underwriting, firm commitment, holding seminars and conferences regarding Islamic financing systems such as Sukuk and all other permitted financial services. The Islamic Financial Services Board (IFSB) admitted Mellat Investment Bank into its membership in 2014.
Operations
MellatIB provides financing and underwriting services. It helps with public offering of equity Islamic "debt" instruments including different kinds of Sukuk).[2]
- Advisory services–Financing optimization, securities issuance, valuation, initial public offerings, securities assignment, risk management, exchange listings, mergers and acquisitions, restructuring, development, improvement, planning, budgeting and security pricing
- Marketing and managing securities assignment
- Administering listing
- Permits for offerings
- Designing and offering financial instruments
- Mutual funds and other funds
- Brokerage
- Broker-dealer
- Asset management
- Market making
- Drawing support for security underwriting
- Obtaining credit and financial resources
- Issuing, confirming and accepting bills of guarantee
CEO
Seyed Rouhollah Hosseini Moghaddam, former deputy of the Tehran Stock Exchange, on june 2019 was selected as the new CEO of Mellat investment Bank.
Shareholders
The Mellat Financial Group is the largest shareholder. , Mellat Brokerage Company, Mellat Leasing Company, Mellat Exchange Company, and Tadbirgaran Behsaz Mellat Company.
Organization
Mellat Investment Bank is organized in four business units:
References
- "Mellat Investment Bank". Mellatib.com. Retrieved 29 July 2015.
- "Security Exchange Organization". En.seo.iren.seo.ir. Retrieved 29 July 2015.