Ansar Bank (UK)

Brief

Sanctioned under The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 which entered effect 31/12/2020.

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.

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


Basic Information

Entity Details

Name: Ansar Bank (UK)

Subsidiaries

  • Established by Bonyad Taavon Sepah (aka IRGC Cooperative Foundation)
  • Role / Function: Banking

    Sanction Information

    Sanction Created:31/12/2020

    Sanctions imposed: Asset freeze, Director Disqualification Sanction

    Sanction Enforcement Began: 31/12/2020

    Other Details

    Known Aliases

  • Ansar al Mojahedin
  • Ansar al-Mojahedin No-Interest Loan Institute
  • Ansar Finance and Credit Fund
  • Ansar Financial and Credit Institute
  • Ansar Saving and Interest Free-Loans Fund
  • Bank Ansar
  • Known Location

    Building No. 539
    North Pasdaran Avenue
    Tehran
    19575 497
    Iran

    Phone number(s):
    • +982122810046 (fax)
    • +98 2122815280 5

    Email address(es):
    • info@ansarbank.net
    • info@ansarbank.com

    Website(s):
    • www.ansarbank.com

    UK Sanctions