Info:
Keshavarzi Bank, also known as Agribank, is a major Iranian banking establishment offering retail and commercial services. The company was established in 1933 and as a Farming and Industrial Bank. Currently, the bank serves as the only specialized financial institution in the agricultural sector that holds over 1800 branches nationwide and finances nearly 70% of the Iranian agricultural sector. While established in Tehran, the bank operates throughout the nation with over 16,000 employees and 1800 branches. Keshavarzi Bank is a state owned enterprise;
Bank Keshavarzi Iran, state-owned bank specialized in financing agriculture sector, has linked up with a number of major Russian lenders including Sberbank, Gazprombank and Transcapitalbank, announced Behrouz Hassan Olfat, director of Europe and Americas department at the Trade Promotion Organization;
Bank Keshavarzi Iran on November 05, 2018, added to OFAC’s SDN List as entity owned or controlled by the Iran regime;
Partners: Rojin Taak Agro Industry Co., Pars Ailin Mehr Egg Processing Co., Reezmouj System Co., Falat Sang Asia Co, Moghan wire & Cable Company;
Established:
1933
Also Known As:
Agribank
Agricultural Bank of Iran
Bank Keshavarzi
Country:
Iran
Address:
PO Box 14155-6395, 129 Patrice Lumumba St, Jalal-al-Ahmad Expressway, Tehran 14454, Iran
Phone:
(+98 21) 88245010, 84893558
Website:
www.bki.ir
E-mail:
bki.ir
Person of interests:
Rohollah Khodarahmi – President
Heshmatollah Nazari
Habibollah Salami
Davar Mahikar
Reason for the color:
» 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 October 8, 2020 pursuant to Executive Order 13902, which provides authority to identify and impose sanctions on key sectors of Iran’s economy in order to deny the Iranian government financial resources that may be used to fund and support its nuclear program, missile development, terrorism and terrorist proxy networks, and malign regional influence;
Under the provisions of E.O. 13902, the Secretary of the Treasury identified the financial sector of Iran’s economy as an additional avenue that funds the Iranian government’s malign activities;
» 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 November 05, 2018;