UKSL Sanctions designation

Ansar Bank

Entity · designated 31 December 2020

Designation identifiers

UKSL unique ID
INU0048
OFSI group ID
11581
Designation type
Entity
Date designated
31 December 2020
Last updated
9 April 2025

Regimes

  • The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019

Designation sources

  • UK

Sanctions imposed

  • Asset freeze
  • Director Disqualification Sanction

Official reasons

  • Bonyad Taavon Sepah created Ansar Bank to provide financial and credit services to IRGC personnel. Initially, Ansar Bank operated as a credit union and transitioned into a fully fledged bank in mid 2009, upon receiving a license from Iran's Central Bank. Ansar Bank, formerly known as Ansar al Mojahedin, provides financial services to the IRGC. IRGC members received their salaries through Ansar Bank. In addition, Ansar Bank provides special benefits to IRGC personnel, including reduced rates for home furnishings, free or reduced-cost healthcare.

Other information

  • The Director Disqualification Sanction was imposed on 09/04/2025.

Addresses

  • Lines: Building No. 539
  • Lines: North Pasdaran Avenue
  • Lines: Tehran
  • Postcode: 19575 497
  • Country: Iran
!

This directory is not a substitute for sanctions compliance screening. Ownership and control rules can apply to entities that are not separately named. Verify the current official list and obtain appropriate advice.