Established in London in 1962, Bank Saderat plc is an independently managed UK bank that is a wholly-owned subsidiary of Bank Saderat Iran. The company is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA. Its primary mission is to facilitate international trade, offering specialised services such as letters of credit, guarantees, collections, and other trade finance solutions. The bank leverages its expertise to support commercial clients, although its operations are significantly influenced by the international sanctions regime related to its parent company and Iran.

Founded in

United Kingdom