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Bank Mellat is one of the most active Iranian banks. Its name means "Bank of the Nation". The bank was established in 1980, with a paid capital of 33.5 billion Rials as a merger of ten pre-1979 revolution private banks, comprising Tehran, Dariush, Pars, Etebarat Taavoni & Tozie, Iran & Arab, Bein-al-melalie-Iran, Omran, Bimeh Iran, Tejarat Khareji Iran and Farhangian.
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