The formation of the bank in a new form was first proposed to Nasser al-Din Shah Qajar in 1258 AH, ten years before the establishment of the Royal Bank, by Haj Mohammad Hassan Amin al-Zarb, one of the great money changers of Tehran, but this proposal was interfered with by They had their domination and their agents did not act as a society, and instead the Royal Bank was established in Iran.