As the most important institutions, Banks face different risks. As a matter of fact , risk is the result of the internal – external elements and the stakeholders>expectations of the current and future status of the banks which are active in the country.

Under a poor management some of these risks which are new forces called strategic risks  may cause bankruptcy.

One charactristic of mature banks is the development of a certain integrated processe of risk management .Due to the necessity of applying this approach in banking  , we chose the Mellat Bank as a case study in this article.

Our goal in this research was acquiring the knowledge of banking experts to reveal and document strategic risks by use of Delphi  methodology . This research is up to identify and rank the strategic risks of Mellat Bank and draw its strategic risk map.

Key Words

Strategic risks, risk management, strategic risk management, usury-free banking, strategic risk map, Mellat Bank