Mir Business Bank (formerly Melli Iran) is a Russian bank with a 100% participation of foreign capital; its founder and the only shareholder is Bank Melli Iran (Tehran). Mir Business Bank was registered in January 2002 and received a license for banking operations from the Central Bank of Russia on April 15 (No. 3396).^[1][2][3] The bank has a branch in Astrakhan and planned to open one more branch in Kazan. In October 2017, the bank was supposed to integrate with the Shetab Banking System.^[4] In November 2018, the bank was among the financial institutions included in the sanction list of the US Treasury.^[5]