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:
Owned or controlled by, or acts on behalf of, Bank Mellat, which has facilitated hundreds of millions of dollars in transactions for Iranian nuclear, missile, and defense entities;

Wholly owns Pearl Energy Company Ltd.;

Began commercial operations as a licensed offshore bank on August 16, 2009;

Banking license suspended by the Labuan Financial Services Authority in December 2010;

Business Registration Number LL06889; Licensed Offshore Bank Number 090101B; SWIFT Code FEEBMYKA;

Industry:
Banking Sector

Involved In:
Military Weapon Program

Also Known As:
First East Export Offshore Bank
FEEB
FEE Bank

Country:
Malaysia

Address:
– Level 10 (B1), Main Tower Office, Financial Park Labuan, Jalan Merdeka, 87000 Labuan, Malaysia (Labuan office)
– Unit Level 10 (B1), Main Office Tower, Financial Park Labuan, Jalan Merdeka, 87000 WP Labuan, Malaysia
– Unit Level 10(B1), Main Office Tower, Financial Park Labuan, Jalan merdeka, 87000 Federal Territory of Labuan, Malaysia

Phone:
+60-146-306-182, +60- 185-806-182, +6087-413188 (Labuan office)

Web Site:
www.feebbankmy.com

E-Mail:
info@feebbankmy.com

SWIFT Code:
FEEBMYKA

Reason for the color:
» U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 5, 2018 designated First East Export Bank P.L.C;
» Listed in an annex to U.N. Security Council Resolution 1929 of June 9, 2010, as an entity involved in Iran’s nuclear or ballistic missile activities;
» Removed from the U.N. list in January 2016 by U.N. Security Council resolution 2231;
» Listed by the European Union on June 18, 2010, pursuant to U.N. Security Council resolution 1929;
» Removed from the E.U. list in January 2016 as part of the Joint Comprehensive Plan of Action;
» Listed by the British government in 2015 as an entity of potential concern for WMD-related procurement;
» The Department of the Treasury’s Office of Foreign Assets Control (OFAC) removed First East Export Bank P.L.C from the List of Specially Designated companies, January 16, 2016
» U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 5, 2009 designated First East Export Bank P.L.C;


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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.