Info:
OFAC designated Trust Insurance Services S.A.L. (Trust Insurance Services) for being owned or controlled by Jammal Trust;
Trust Insurance Services, which was established in 2012, is a subsidiary of Jammal Trust and is 90% owned by the bank;
Jammal Trust assists in, sponsors, or provides financial, material, or technological support for, or financial or other services to or in support of, Hizballah. Jammal Trust knowingly facilitates the banking activities of U.S.-designated entities openly affiliated with Hizballah, Al-Qard al-Hassan and the Martyrs Foundation, in addition to services it provides to Hizballah’s Executive Council. Hizballah has used accounts at Jammal Trust to pay its operatives and their families, and Jammal Trust has actively attempted to conceal its banking relationship with numerous wholly owned Martyrs Foundation subsidiaries;
Also Known As:
Trust Insurance Services S.A.L.
Country:
Lebanon
Address:
JTB Tower, Tahweeta High Way, Elias Hraoui Avenue, Beirut, Lebanon