Ghavamin Bank

ifmat - ghavamin Bank

Ghavamin Bank is designated for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Iran’s LEF

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:
Ghavamin Bank is an Iranian financial and credit institution established in 2000. Ghavamin Bank is the first bank in the country with the aim of helping to enhance the living quality and financial support of working staff of Iran police forces;

Ghavamin Bank, with revenues of over 1.6 billion US$ dollars, ranks among the twenty-four companies and the seventh largest bank in Iran. While established in Tehran, the institution operates throughout the country with over 880 branches;

Ghavamin Bank is designated pursuant to E.O. 13553 for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Iran’s LEF. Ghavamin Bank has provided extensive banking services and facilitated routine financial transactions for the LEF;

The LEF was designated in 2011 for being responsible for or complicit in serious human rights abuses in Iran, including operating detention centers where detained protestors were deprived of basic needs such as medical care;

Industry:
Banking Sector

Established:
2000

Country:
Iran

Address:
No. 252 Milad Tower, Beginning of Africa Blvd., Argentina Sq, Tehran, Iran

Website:
www.ghavamin.com
www.ghbi.ir

E-mail:
info@ghbi.ir

Person of interests:
Gholamhasan Taghi Nataj – (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 5, 2018 pursuant to Executive Order 13553 for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Iran’s LEF;