Iranian Entity: Ansar Bank
|Also Known As:|
Ansar Finance and Credit Fund
|Building No. 539, North Pasdaran Street, Tehran 19575-497, Iran|
Listed by the European Union on May 23, 2011 as an entity linked to Iran's proliferation-sensitive nuclear activities or Iran's development of nuclear weapon delivery systems; with some exceptions, European Union member states must freeze all funds and economic resources owned, held or controlled by the listed entity, and prevent funds or economic resources from being made available to it; on December 21, 2010, added to the Specially Designated National (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems; formed by Bonyad Taavon Sepah (also known as the IRGC Cooperative Foundation); has been linked to the Islamic Revolutionary Guard Corps (IRGC - see separate entity record) for over 20 years; provides financial and credit services to IRGC personnel; has paid IRGC salaries and provided special benefits to IRGC members.
Received banking license from the Central Bank of the Islamic Republic of Iran (see separate entity record) in 2009; before being licensed as a bank, operated as a credit union; management includes Ayatollah Ebrahimi; formerly known as Ansar al Mojahedin; operates over 600 branches within Iran; SWIFT code is ANSBIRTH.
|Date Last Modified:|