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Fanap Holding
Fanap () is an Iranian information technology corporation owned by the semi-public Pasargad Bank Bank Pasargad ( fa, بانک پاسارگاد, ''Bank Pasargad''), also known as BPI, is a major Iranian bank offering retail, commercial and investment banking services. The company was established in 2005 as a part of the government's privati ... Financial Group. Its facial recognition source code database used by Iranian law enforcement's FARAJA police was hacked, resulting in a 20 GiB dump in August 2023. An IPO is expected for Fanap. Timeline In 2023, the company secured a deal to build a data center for Tebyan, which is owned by the Iranian government's Islamic Development Organization. Fanap offered an education grant to the top 5,000 students nationally ranked in the Iranian university entrance exam to study at the private college Khatam University. In August 2023, its surveillance software product, used by the Iranian government, was released after a breach in a 20G ...
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Bank Pasargad
Bank Pasargad ( fa, بانک پاسارگاد, ''Bank Pasargad''), also known as BPI, is a major Iranian bank offering retail, commercial and investment banking services. The company was established in 2005 as a part of the government's privatization of the banking system. While established in Tehran, the bank operates throughout the nation with 3685 employees and 327 branches. BPI is listed under the Tehran Stock Exchange. In 2006, The bank had an initial capital assessment of $250 million. In 2009, the bank funded and established an art gallery in Tehran. In 2013, ''The Banker'' magazine rated BPI as among the top "1000 banks in the world", ranking 257th overall. The Bank is also on ''The Banker's'' list of the top 500 Islamic financial institutions. Operations BPI operates as a private bank in Iran. In addition to offering short and fixed deposit accounts for domestic and overseas clients, the bank also provides letters of credit, treasury, currency exchange, corporate loans ...
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