Company:Future Bank
From HandWiki
| Industry | Financial services |
|---|---|
| Founded | 2004[1] |
| Headquarters | Manama, Bahrain |
| Total assets | $1.51 billion (2015)[2] |
| Owner |
|
| Website | futurebank |
Future Bank B.S.C. (Arabic: بنك المستقبل) is a commercial bank that was based in Manama, Bahrain.[3] It started as a joint venture by Ahli United Bank and two Iranian state-owned banks, Bank Melli and Bank Saderat.[1]
Central Bank of Bahrain closed down the bank in 2016 after Bahrain cut diplomatic ties with Iran.[2] In 2017, Central Bank of the Islamic Republic of Iran licensed the bank to open a branch in Kish Island.[4]
References
- ↑ 1.0 1.1 Mekhennet, Souad; Warrick, Joby (2018-04-03). "Billion-dollar sanctions-busting scheme aided Iran, documents show" (in en). Washington Post. https://www.washingtonpost.com/world/national-security/billion-dollar-sanctions-busting-scheme-aided-iran-documents-show/2018/04/03/37be988a-3356-11e8-94fa-32d48460b955_story.html.
- ↑ 2.0 2.1 Arnold, Tom (2016-01-26). "Bahrain moves to close Iran's Future Bank". Reuters. https://www.reuters.com/article/bahrain-iran-banks/bahrain-moves-to-close-irans-future-bank-idUSL8N15A29V.
- ↑ "Future Bank B.S.C.: Private Company Information - Bloomberg". https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=61682426.
- ↑ "5 Foreign Banks Licensed by Iran" (in en-US). Financial Tribune. 2017-06-06. https://financialtribune.com/articles/economy-business-and-markets/65918/5-foreign-banks-licensed-by-iran.
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