Sina Bank (Persian: بانک سینا‎) is a private Iranian banking establishment offering retail, commercial and investment banking services. The company was established in 1985 as a part of the government's privatization of the banking system.While established in Tehran, the bank operated throughout the nation with 1998 employees and 253 branches.Sina Bank is listed under the Tehran Stock Exchange and is currently one of eight private banks in Iran. The bank is currently the 64th largest company in Iran. In 2007, Sina Bank had initial equity capital of 10 Billion IRR.