Examples of Future Bank in a sentence
Bahrain simultaneously closed Future Bank, a Bahrain bank formed and owned by two major Iranian banks (Bank Saderat and Bank Melli).
The sanctions, under Executive Order 13382 (anti-proliferation), prevent U.S. citizens from participating in transactions with Future Bank and require the freezing of any U.S.-based bank assets.
In March 2008, the U.S. Department of Justice sanctioned Future Bank, headquartered in Bahrain, because it is controlled and partially owned by Iran’s Bank Melli.
Future Bank purportedly is controlled by Bank Melli, but it remains in operation.• Oman.
On March 12, 2008, the Treasury Department sanctioned the Bahrain-based Future Bank under Executive Order 13382 that sanctions proliferation entities.
In March 2008, the United States sanctioned Future Bank, mentioned above, under Executive Order 13382 (anti-proliferation).
Bahrain did not take immediate action to close Iran- lined Future Bank or the Iran Insurance Company until 2016, long after Future Bank was sanctioned by the United States in 2008 under Executive Order 13382 (anti-proliferation).
But they said, “You can go somewhere else and we’ll pay your tuition.” So I came to Northwestern and they paid my tuition.
Bahrain did not take direction action against Future Bank initially but, in April 2015, Bahrain seized control of Future Bank as well as the Iran Insurance Company.
Initially, the Operations Centers for the Program shall be established in the locations set forth in Schedule 7.02, and subject to the agreements of the Parties set out in Schedule 7.01(a), staffed by Bank employees or Existing Subcontractors or Future Bank Subcontractors who are working at Bank locations and who are managed by Bank employees and overseen and directed by the Bank Program Team.