Iranian-European banks to establish long-term ties soon

Long-term relations between Iranian and European banks are expected to develop especially in financing civil engineering and production projects, Governor of Central Bank of Iran (CBI) Valiollah Seif announced. Seif made the remarks in the Fourth Iran-Europe Banking and Business Forum which was held on Saturday at IRIB’s International Conference…

Three foreigner banks opening office in Iran

The Central Bank of Iran building is pictured in Tehran, Jan. 23, 2006. (Photo by Reuters) Three foreign banks are in the process of opening branches in Iran, the country’s vice central bank governor says.  This is good news for Iran which is still facing a drought of outside investment…