Last Updated: January 19, 2026
BANK OF KUNLUN CO LTD
Aliases
KARAMAY URBAN CREDIT COOPERATIVES; KARAMAY CITY COMMERCIAL BANK CO LTD.
Address
172 Xibin Rd, Ranghulu District, (Daqing, Heilongjiang Branch), Daqing, 163453, China; 9 Dongzhimen North Street, Dongcheng District, (Head Office), Beijing, 100007, China; No. 7 Century Ave, (Registered Office), Xinjiang, 834000, Karamay, China; No. 68 Zhongya South Rd, Economic and Technological Development Zone, (Urumqi, Xinjiang Branch), Urumqi...
Official reason
The financial institutions sanctioned today are Bank of Kunlun in China and Elaf Islamic Bank in Iraq. Bank of Kunlun has provided significant financial services to more than six Iranian banks that were designated by the United States in connection with Iran's weapons of mass destruction (WMD) programs or its support for international terrorism. ....
Other Information
https://home.treasury.gov/news/press-releases/tg1661
Date of listing
2019-03-14
Program information
Authority
US
Program
Correspondent Account or Payable-Through Account Sanctions related to 31 C.F.R. part 561
Regime
OFAC country specific
Target State
Iran
Measures
Blocking Property, Suspending Entry
Official Information
As of March 14, 2019, the List of Foreign Financial Institutions Subject to Correspondent Account or Payable-Through Account Sanctions (the “CAPTA List”) includes one foreign financial institution subject to correspondent or payable-through account sanctions. Prior to March 14, 2019, this entity was on OFAC’s Part 561 List. The Part 561 List that f...
Additional Details
CAPTA / NON-SDN
Program URL
1. https://ofac.treasury.gov/recent-actions/20190314 2. https://ofac.treasury.gov/sanctions-programs-and-country-information/iran-sanctions#part561