Foreign lenders into Iran
Iran: Tuesday, November 13 - 2007 at 09:39
Tahmasb Mazaheri, the Head of the Central Bank of Iran, has said that branches of two un-named foreign banks are to be established in the Islamic Republic in the near future, reported the Iran Daily. The central bank has given its approval to the move and a third lender is set to receive the green light next week. Mazaheri suggested other foreign banks may seek to open offices in the future.
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Jonathan Sheikh-Miller, Deputy EditorTuesday, November 13 - 2007 at 09:39 UAE local time (GMT+4)
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