The company “Ayandeh Sazanan Refah Pardis” (Private Joint Stock) was founded on August 14, 2012, with registration number 428787 and national ID 10320812700 in the Tehran Company Registration Office. Its foundation involved the collaboration of approximately 15,000 individuals, including official and contractual employees, retirees, and personnel from the Refah Kargaran Bank service company, and it commenced with an initial capital of 35.2 billion Rials. Its official operations began in December 2012.