Amin Investment Bank

Also Known As: 

AMINIB
Sherkat Tamin Sarmayeh Amin
Tamin Sarmayeh Amin
Amin Investment Company
Amin Investment

Address: 

-No. 51, Ghobadiyan Street, Valiasr Street, Tehran, 1968917173, Iran
-No. 51, Qobadian Street, above Mirdamad Boulevard, Vali Asr Street, Tehran, Iran

Phone: 

49692000

Fax: 

88788509

E-Mail: 

Info@AminIB.com

Entity Web Site: 

www.aminib.com

An Iranian financial institution; offers financing, asset management, and financial advisory services; provides project financing and services to Iranian entities in the mining and energy sectors.

Part of the Execution of Imam Khomeini's Order (EIKO) international financial network, an organization that acts on behalf of the Government of Iran; acts as a front for Tadbir Economic Development Group (Tadbir Group), which has invested over $100 million in the bank; Tadbir Investment Company, a subsidiary of Tadbir Group, maintains a 14.3% stake in Amin Investment Bank.

Financed a modernization project carried out by Tosee Foundation and Iranian Mines and Mineral Industries Development and Renovation Organization (IMIDRO); financed the expansion of refineries in Abadan and Bandar Abbas for the National Iranian Oil Company (NIOC); financed a project for Tehran Oil Refining Company; provided capital for a project of Iran Power Plant Project Management Company (MAPNA); financed a project to improve gasoline production by the Imam Khomeini Oil Refining Company (IKORC).

Subsidiaries include Amin Avid Broker Company and Amin Innovative Financial Data Processing Company.

Board of directors includes Mahmoud Bahmani (representative of Tadbir Investment Company), Gholamhossein Mozaffari, Reza Raei, Morteza Mohammadkhan (representative of Tosee Melli Group Investment Company), Mohammad Ebrahim Pourzarandi (representative of Mellat Financial Group), Ezzatollah Zarei Hanzaki (representative of Omid Investment Management Company), Rasoul Saadi, and Ali Sanginian (general manager).

Established in 2008; company registration number is 315083.

Sanctions

As part of the re-imposition of U.S. sanctions on Iran, added on November 5, 2018 to the Specially Designated Nationals (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 13599, which targets entities controlled by the Government of Iran and Iranian financial institutions.

Previously added to the SDN list on June 4, 2013, pursuant to Executive Order 13599; 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.

Date Entered: 

January 13, 2016

Date Last Modified: 

December 10, 2018