According to the House Bank annual reportm Iran Foreign Investment Company owns 4.5% of its shares.
Shareholders of the House Bank:
1. Qatar National Bank – 35.481%
2. Kuwait Real Estate Investment Consortium – 18.613%
3. Libyan Foreign Bank – 16.181
4. Social Security Corporation/Jordan – 15.389%
5. Iran Foreign Investment Company – 4.5%
6. Ministry of Finance / Sultanate of Oman – 2.976%
Iran Foreign Investment Company (IFIC) is an entity that is owned or controlled by the Government of Iran.
Iran Foreign Investment Company is used by the mullahs to invest money around the world and is investment arm of the “Oil stabilization Fund”. The U.S. Department of the Treasury identified Iran Foreign Investment Company (IFIC) to be owned or controlled by the Government of Iran. By identifying these entities – including banks, investment companies and technology firms – U.S. persons and others are better able to identify Iranian Government entities and protect themselves against the risks posed by such entities. IFIC is added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on 11/05/2018;
According to the Bank’s 2015 annual report, IFIC owns 4.5% of its shares.
Source: /hbtf /