Tejarat Bank was established as per the legal bill of the Department of Banksí Affairs approved in September 1979 upon amalgamation of eleven private banks. Later, on 20/12/1979, the Iran-Russia Bank also joined the
merger, totaling the paid up capital to 39.1 billion Rials.
Twenty six years on, as per economic requirements of different regions of the country, Tejarat Bank is now maintaining 2010 branches throughout the country.
Taking advantage of experienced manpower is an important factor that has further promoted Tejarat Bankís place on the international standings.