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*All religious holidays are based on the Lunar Islamic Calendar and National Holidays on the solar calendar. Hence, within one solar year some religious holidays are observed twice. Religious holidays are subject to change depending upon the official sighting of the moon.

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BANK HOLIDAYS
For the Iranian Year 1382

Please note that the normal weekend for banks, government offices and public organizations in the Islamic Republic of Iran is Thursday and Friday. However, many organizations are open half-day on Thursday.

OFFICIAL HOLIDAYS OF THE ISLAMIC REPUBLIC OF IRAN
For the Iranian Year 1382, During 2003-2004
1382 Noruz (New Year) Holidays 21-24 March 2003, Friday-Monday
The Day of Islamic Republic of Iran 1 April 2003, Tuesday
The Day of Nature 2 April 2003, Wednesday
Religious Mourning (40th day of Imam Hossein's Martyrdom) 23 April* 2003, Wednesday
Religious Mourning (Demise of Prophet Mohammed and Martyrdom of Imam Hassan) 1 May* 2003, Thursday
Religious Mourning (Martyrdom of Imam Reza) 2 May* 2003, Friday
Religious Celebration (Birthday of Prophet Mohammed and Birthday of Imam Jaffar Sadegh) 19 May* 2003, Monday
Official Mourning (Passing away of Imam Khomaini) 4 June 2003, Wednesday
Official Mourning (Bloody Revolt of 15th, Khordad, 1342) 5 June 2003, Thursday
Religious Mourning (Martyrdom of Fatima) 2 Augost* 2003, Saturday
Religious Celebration (Birthday of Imam Ali) 10 September* 2003, Wednesday
Religious Celebration (Prophet Mohammed's Mission Day) 24 September* 2003, Wednesday
Religious Celebration (Birthday of Imam Mahdi) 12 October* 2003, Sunday
Religious Mourning (Martyrdom of Imam Ali) 16 November* 2003, Sunday
Religious Celebration (Eid-e-Fetr) 26 November* 2003, Wednesday
Religious Mourning (Martyrdom of Imam Jaffar Sadegh) 20 December* 2003, Saturday
Religious Celebration (Eid-al-Adha) 2 February* 2003, Monday
Religious Celebration (Eid-al-Ghadir) 10 February* 2004, Tuesday
Victory of Islamic Revolution  11 February 2004, Wednesday
Religious Mourning (Tassua - Martyrdom of Imam Hossein) 1 March* 2004, Monday
Religious Mourning (Assura - Martyrdom of Imam Hossein) 2 March* 2004, Tuesday
Nationalization of Oil Industry 19 March 2004, Friday

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Bank Refah was founded in June 1960, in accordance with Note 39 of the previous year's Budget Law, with the aim of providing welfare and facilities in order to meet the workers' needs. Its initial investment of 400 million I.R.R. was designated by Social Security Organization. In 1979, following the bill on administration of banking affairs and nationalization of the banks, Bank Refah was considered as a commercial bank and in July 1993, it was being supported by S.S.O owning 46% shares of the bank.


Last Updated:   11 Dec 2007
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