In current’s world, all individuals are aware of special position of monetary and financial systems in the macroeconomics of countries, and its role in economic growth and development. Innovation and dynamism in the financial and monetary markets, and especially the banking system have played an effective role in the increasing development of countries;
therefore, the countries experiencing more growth and development in their monetary and financial systems have been able to improve their status in the international financial and economic system. It is obvious that, being in special international conditions and the Supreme Leader’s emphasis on moving within the framework of resistance economy and relying on internal capabilities and capacities for growth and progress, Iran’s economy requires comprehensive development in the monetary and financial system as a main element of development. In this regard, Shahr Bank attempted to take an effective step towards the realization of the country’s economic goals by fulfilling international banking standards and providing new tools and innovation in the monetary and banking field. The rapid progress of the volume and scope of Shahr Bank’s activities in recent years and playing a role in various economic fields have been the result of these efforts. The continuous growth of the bank and the improvement of its status in the country’s banking industry show the necessity of completing the financial service chain more.
Thus, Shahr Financial Group Company as a strong assistances of the bank in providing other financial services to complete the bank’s financial services chain was established on 2012, October 24 (as Rasta Economic Development Group) with registration number 432077 and national ID 10320832748 at the Companies Registration Office as a private joint stock company with 100% ownership of Shahr bank . Also, this company attempted to make the most out of the economic conditions and optimal management of Bank Shahr’s subsidiary companies within the framework of the laws and regulations of Iran with an initial capital of one thousand billion Rials.
By relying on the knowledge and ideas of its experts, Shahr Financial Group aims to expand the bank’s activities in all financial fields, including financing, leasing, brokerage, investment, capital consulting, investment, insurance and tourism while completing the financial service process of Shahr Bank,. Provide.
According to the provisions of article 2 of the Articles of Association, the subject of the company’s activity is including:
Shahr Financial Group attempts to maximize the interests of its shareholders and stakeholders using the moderns technologies with an effective corporate governance system in the field of managing subsidiaries and providing financial chain services at the national and international level.
Achieve the position of a leading and knowledge-oriented financial group with a diverse set of technological services
Continuous value creation increase in order to maximize the interest of the stakeholders and create sustainable profit
Adhere to the principle of transparency and fairness in financial reporting and providing services to customers
Commitment to optimal performance of social and organizational responsibilities
Protect the rights and interests of customers and stakeholders
Development of organizational culture based on the principles of professional ethics
Consider the growth and continuous learning of employees and enhancing the spirit of team work
Adhere to the acquisition and application of modern technologies and knowledge in performing the defined missions
Shahr Financial Group Company is proud to be a dynamic and famous multidisciplinary holding company, which has taken steps towards playing a role in the economic growth and development of the country and public participation in productive investments, and is one of the active institutions in the Iranian capital market.
With the collaboration of Shahr Bank’s guidance and investment and the use of valuable human resources and capital, Shahr Financial Group has an effective participation in various investments in the market, and has a special position based on the strategic goals of the company along with the other components of capital market to fulfill the economic development of the country and the growth of the real sector of economy.
Based on its smart roadmap, the company will manage the portfolio of investments with aim of portfolio diversification and risk management. Indeed, the maximum use of investment opportunities in different markets in this direction will be one of the main priorities of the company’s strategic planning.
Despite Iran’s economic limitations and the conditions provided by the cruel sanctions of foreign enemies, the company is determined to maximize benefits and sustainable value creation for its shareholders and stakeholders.
We hope that the efforts of the colleagues of the Company will be fruitful and that God’s blessings will always guide us to achieve the goals of the company.
For more information, see the board page .
| Name | Position | Representing |
| Ismail Dargahi | Managing director and boarding director member | Housing company and Jahan building |
| Ghorban Ghadiri | Chairman of board | Shahr leasing company |
| Seyed Mojtabi Ahmadi | Vice chairman of the board | The institute of reserve fund of Shahr bank employees |
| Ahmad Fattahpour | Board member | Shahr Bank |
| Saber Sheykhlou | Board member | Company of Shahr Smart Strategy |
For more detailed information, visit our partners page.
The capital of the company was 1,000 billion Rials divided into one billion shares of 1,000 Rials from November 20, 2012 to July 80, 2022 and increased to 3,000 billion Rials divided into three billion shares of 1,000 Rials on July 80, 2022.
Based on the law of the extraordinary general meeting of shareholders on March 2, 2021, the capital of the company increased from 3000 billion Rials to 26000 billion Rials. Then, the final registered capital of the company, according to the resolution of the extraordinary general meeting held on September 21, 2021, is 33,000 billion Rials.
The company was established in 2012 by Shahr Bank.
The new projects of the company have started in 2021.
In 2021, during the capital increase, the company's capital was changed to 3000 billion Rials.
In 2021, the name of the company was changed to "Shahr Financial Group".
In 2021, during the capital increase, the capital of the company changed to 26,000 billion rials.
In 2022, during the capital increase, the capital of the company changed to 33,000 billion Rials.
