Erfan, Mirza-e-shirazi, Motahari Ave 266
IR 1596853711 Tehran - Iran (Islamic Republic of)
Tel.: +98 21 88 50 20 24
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Fax: +98 21 88 50 20 27
Web: http://www.postbank.ir
Legal Form: Public sector institution company
Organisation type: Postal savings bank
Postbank Company was established in 1997 as an agent bank of Ministry of PTT and its subsidiary companies for offering retail banking and financial services and products nationwide especially in remote rural areas without any commercial bank branches. The main responsibility of PBI as a retail banking system is the collection of idle money in the country, which is estimated to a notable percentage of the nation ‘s total money. PBI is a legal entity with its own organizational chart, and independent in administration, legal, financial matters, and a Board of Directors.