Iranian Entity: Bank of Industry and Mine
| Entity Name: |
| Bank of Industry and Mine |
| Also Known As: |
| Bank Sanat Va Madan Bank Sanad Va Madan Bank Sanat-O-Madan Bank Sanat o Madan Bank of Industry and Mine (Of Iran) Bank of Industry & Mine BIM |
| Program: |
| Military |
| Address: |
| - Hafez Avenue, P.O. Box 11365/4978, Tehran, Iran - PO Box 15875-4456, Firouzeh Tower, No 1655 Vali-Asr Ave after Chamran Crossroads, Tehran 1965643511, Iran - No. 491, Opposite to Saman Building, past of Shahid Beheshti Crossroad, Imam Khomeyni St. |
| Phone Number: |
| +98 21 22029811-19, 22029837 |
| Fax: |
| +98 21 22029894, 0451-7724202 |
| URL: |
w3e.bim.ir |
| E-Mail: |
info@bim.ir |
| Text: |
Appears on the Specially Designated Nationals (SDN) list maintained by the U.S. Treasury Department'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 and their delivery systems; according to the U.S. Treasury Department, facilitated transactions that enabled several Iranian banks, including Bank Mellat, Bank Saderat Iran, and Europaeisch-Iranische Handelsbank (EIH Bank) to circumvent international sanctions by concealing their involvement in payments (see separate entity records); holds a 51.74% equity stake in EIH Bank; has provided financing to Iran Khodro Company (see separate entity record) and Kavian Petrochemical, a subsidiary of National Petrochemical Company (see separate entity record). A state-owned development bank that provides financing for industrial and mining projects in Iran; board of directors includes Mohammad Reza Pishrow (managing director and chairman), Ghorban Danialy (deputy managing director), Afshin Roghani, Gholam Abbas Nematollahi, and Mohammad Shahrabi Farahani; established in 1979. |
| Date Entered: |
| 9/1/2011 |
| Date Last Modified: |
| 9/1/2011 |