Iranian Entity: Sina Bank

www.sinabank.ir

info@sinabank.ir

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; 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; sanctioned by the Australian government in August 2010 as an entity contributing to Iran's proliferation activities, prohibiting Australian parties from conducting business with or transferring funds to the entity without prior approval; designated (with a pursuant assert freeze and termination of correspondent banking relationships) by the Japanese government in 2010 as an entity that could contribute to Iran's nuclear activities.

Has more than 250 branches in Iran; main shareholder is the Mostaz'afan Foundation (see separate entity record); management board members include Dr. Abdolnaser Hemmati (Managing Director and CEO), Dr. Mohammad Mokhber (Chairman), Dr. H. R. Fartook Zadeh, Dr. S. Mohammad Badr Tale'e, and Dr. Iraj Akbariea; other company officials include Mohammad Ali Izadi, Masoud Pashmchi, M. J. Pooya Nasab, Ali Reza Taghdiri and Hosain Farzan; related companies include Tose Sina Co. and Sina Yaran Co.; formerly known as Bonyad Finance and Credit Company (BFCC); renamed Sina Finance and Credit Company (SFCC) in 2007; began operating under the name Sina Bank in 2009; SWIFT Code SINAIRTH; alternate SWIFT Code SINAIRTH418; founded in 1985.