Bank Saderat Iran controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2019
Rejection of damages claim related to EU listing
An EU court rejected Bank Saderat's claim for £78.7 million in damages arising from its inclusion on the EU sanctions list.
2013
European Union sanctions litigation
The EU General Court annulled the bank's sanctions listing because the EU had not adequately stated its reasons or disclosed the evidence relied upon. Later reference material reported that the asset freeze remained in force in 2016.
2008
U.S. allegations and financial sanctions
The U.S. Treasury accused Bank Saderat of facilitating transfers for organizations designated by the United States as terrorist organizations. U.S. restrictions subsequently blocked the bank from direct and indirect access to the U.S. financial system.