Mehr Iran Credit Union Bank

ifmat - Mehr Iran Bank

Mehr Iran Credit Union Bank is subject to the supervision and regulation by the Central Bank of Iran (CBI), which was previously designated under E.O. 13224 for providing support to the Islamic Revolutionary Guards Corps (IRGC), its Qods Force (IRGC-QF), and its terrorist proxy, Hizballah

Country:

Iran  

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

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

Info:
The Office of Foreign Assets Control (OFAC) sanctioned Mehr Iran Credit Union Bank pursuant to E.O. 13902, which provides authority to identify and impose sanctions on key sectors of Iran’s economy in order to deny the Iranian government financial resources that may be used to fund and support its nuclear program, missile development, terrorism and terrorist proxy networks, and malign regional influence;

Mehr Iran Credit Union Bank is subject to the supervision and regulation by the Central Bank of Iran (CBI), which was previously designated under E.O. 13224 for providing support to the Islamic Revolutionary Guards Corps (IRGC), its Qods Force (IRGC-QF), and its terrorist proxy, Hizballah;

Industry:
Banking Sector

Also Known As:
Bank-e Gharzolhasaneh Mehr Iran
Gharzolhasaneh Mehr Iran Bank

Country:
Iran

Address:
Taleghani St., No.204, Before the intersection of Mofateh, Tehran, Iran
No. 204, Taleghani Street, Tehran, Iran
204, Before the Mofatteh Crossroad, Taleghani Ave., Tehran, Iran

Website:
www.qmb.ir

E-mail:
info@qmb.ir

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 October 8, 2020 pursuant to Executive Order 13902, which provides authority to identify and impose sanctions on key sectors of Iran’s economy in order to deny the Iranian government financial resources that may be used to fund and support its nuclear program, missile development, terrorism and terrorist proxy networks, and malign regional influence;
Under the provisions of E.O. 13902, the Secretary of the Treasury identified the financial sector of Iran’s economy as an additional avenue that funds the Iranian government’s malign activities;