Risk Level:
99% May harm your business future; Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action;

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Status:
Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Info:
Saman Bank is a privately owned Iranian bank. It is listed on the Tehran Stock Exchange. This bank started its activities as Credit Institution in September 1999. Subsequently, in August 2002, it received a full banking license and changed its name to Saman Bank. As of May 2018, the bank had 174 branches in Iran (81 branches in Tehran and 68 branches in other cities);

Saman Bank is actively involved in the transfer of proceeds from the sale of Petrochemical products and oil derivatives to Iran. It has ties with different companies in the Petrochemical industry. A number of such companies are: Persian Gulf Petrochemical Company (affiliated with the IRGC), Parsian Oil and Gas (HQ for the Execution of Imam Khomeini’s Order (HEIKO), Jam Petrochemical Company, Petro Pars, and Zagros Petrochemical Company. In 2017, Saman Bank transferred $50 million plus for Zargros and Jam Petrochemical companies. Based on reports received, in order to continue its activities while sanctions were in place, Saman Bank declared that its principal area of activity is pharmaceutical and food products;

Saman Bank works with Amin Exchange;

Saman Bank sined financial deal with Oberbank;

As part of the re-imposition of U.S. sanctions on Iran, added on November 5, 2018 to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction and their delivery systems; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions. also designated pursuant to Executive Order 13599 and subject to the Iranian Financial Sanctions Regulations; foreign financial institutions facilitating transactions for the entity may be prohibited from opening or maintaining correspondent or payable-through accounts in the United States;

Industry:
Banking, Financial services

Established:
2002

Country:
Iran

Headquarters:
Tehran, Iran

Website:
www.sb24.com

E-mail:
info@sb24.com

Subsidiaries:
Saman Kish Electronic Payment
Saman Satellite Communications Group (Saman SCG)
Saman Exchange
Saman Insurance
Saman Brokerage
Iranian Credit Bureau & Scoring
Saman Processing
Aftab Tejarat Saman Servicing
Kardan Investment Bank

People of interests:
Vali Zarrabieh (Chairman)
Ahmad Taheri Behbahani (CEO)

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 05, 2018;
» Designated by The Department of the Treasury’s Office of Foreign Assets Control (OFAC) in 2012;
» The Department of the Treasury’s Office of Foreign Assets Control (OFAC) removed Bank Saman from the List of Specially Designated companies, January 16, 2016;


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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.