Risk Level:
unknown %

Status:
Risk Alert – Entity in a problematic sector - Sector controlled by the Top Alert entities

Info:
Deputy director of Iran’s chamber of commerce, Mohammad Reza Hariri has said that China’s ABC Bank is reactivating suspended accounts of Iranian citizens;

Mehr news agency quoted Hariri on January 29 that the Iranian consul in Shanghai has also officially announced the news;

Earlier, the consulates website had also published a short statement saying that The Agriculture Bank of China (ABC) was gradually reactivating the blocked accounts of Iranian student;

Hariri told Mehr that ABC Bank has issued a new invitation to other Iranians whose accounts were suspended to visit the bank and reopen them;

He added that the Chinese have taken a “new step toward improving” banking relations with Iran and this shows “misunderstandings” have been resolved;

Industry:
Banking Sector

Also Known As:
Agricultural Bank of China Limited
Agricultural Bank of China

Country:
China

Address:
No.69,Jianguomen Nei Avenue,Dongcheng District,Beijing, P.R.China,100005

Phone:
+9714 3289000

Website:
www.abchina.com

E-mail:
95599@abchina.com

Reason for the color:
» A Major Chinese Bank Reopening Iranian Bank Accounts – Official;


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IFMAT Color Guide

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We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation.
GeoLocation divisions are divided into two fields, Black List and Gray List.
BlackList is a list of all companies, organizations and figures who originate from Iran.
GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran.
We identify risk of entities by COLOR selection, each color marks the risk level of the entity.(by declining order)
 
TOP ALERT
Designated / Sanctioned / Illicit entities
 
HIGH ALERT
Entities affiliated with Designated / Sanctioned / Illicit entities.
 
MEDIUM ALERT
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
 
RISK ALERT
Entities in a problematic sector - Sector controlled by the Top Alert entities.
 
GENERAL ALERT
Legitimate entities - we cannot determine whether an entity is completely green, and that is due to the facts that the Iranian economy is not transparent enough for us. Be sure.