Post Bank Iran

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

Info:
Owned by the government of Iran. Has acted on behalf of Bank Sepah, carrying out its transactions in order to circumvent sanctions;

Post Bank of Iran is designated pursuant to E.O. 13382 for having provided, or attempted to provide, financial, material, technological, or other support for, or goods or services in support of, Bank Sepah. As recently as 2018, Post Bank of Iran engaged in the exchange of Iranian rials for euros for the benefit of Bank Sepah through active euro accounts;

In 2009, facilitated business on behalf of Bank Sepah between Iran’s defense industries and overseas beneficiaries, according to the European Union, facilitated business with a front company for North Korea’s Tanchon Commercial Bank, which is known for facilitating proliferation-related business with Iran;

Listed by the European Union in 2012 as an entity linked to Iran’s nuclear or ballistic missile activities, removed from the list in 2016;

Industry:
Banking Sector

Involved In:
Military Weapon Program

Also Known As:
Post Bank of Iran
Postbank of Iran
PBI
Postbank

Established:
1995

Country:
Iran

Address:
– 237, Motahari Ave., Tehran,1587618118, Iran
– 226, Mirzay-Shirazi Ave., Tehran, 1587975815, Iran

Phone:
(+9821)88505885, (+9821)88506888-25

WebSite:
www.postbank.ir

E-Mail:
[email protected]

Person of interests:
Mahmoud Afzali Managing director;
Mahmoud Afzali;
Rohallah Kohdarahmi;
Ali Nemati;
Gholamreza Kateb;
Mahmmoud Haratian Nejadi;
Adel Ghobadizadeh;

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 5, 2018 pursuant to Executive Order 13382 for having provided, or attempted to provide, financial, material, technological, or other support for, or goods or services in support of, Bank Sepah;
» Removed from the E.U. list in January 2016 as part of the Joint Comprehensive Plan of Action;
» Listed by the European Union on July 26, 2010 as an entity linked to Iran’s proliferation-sensitive nuclear activities or Iran’s development of nuclear weapon delivery systems;
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action, but identified as a part of the Government of Iran, prohibiting transactions with U.S. parties;
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on June 16, 2010, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems;
» Listed by the British government in 2015 as an entity of potential concern for WMD-related procurement;

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