Future Bank

Also Known As:
Future Bank
Future Bank BSC (c)
Future Bank B S C (Closed)

Connected to:
Military Weapon Program

Country:
Kingdom of Bahrain

Address:
– Post Box 785, Manama, Kingdom of Bahrain
– City Centre Building, Government Avenue, Manama, Kingdom of Bahrain
– No. 25, Tandees Avenue, Africa Highway, Tehran, Islamic Republic of Iran (Tehran Representative Office)

Phone:
(973) 17210393,
+98 21 22053352 (Tehran Representative Office)

E-Mail:
[email protected]
[email protected]

Entity Web Site:  
www.futurebank.com.bh

Person of interests:
Dr. Hamid Borhani (Chairman),
Mr. Ali Sedghi (Deputy Chairman),
A. Aziz Ahmed A. Malek (Deputy Chairman),
Dr. Valiollah Seif (Chief Executive Officer & Managing Director),
Mr. Abbas Fatemi Torshizi (Deputy CEO & Director),
Mr. Shahram Razavi (Deputy CEO & Director),

Reason for the color:
The U.S. Department of the Treasury designated Future Bank  pursuant to Executive Order 13382, an authority aimed at freezing the assets of proliferators of weapons of mass destruction (WMD) and their supporters;
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.
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 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;
Future Bank was established on the 1st of July, 2004 as a Joint Venture Project between three highly reputed financial institutions – Bank Saderat Iran, Bank Melli Iran, and Ahli United Bank (AUB) Bahrain;

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