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-Lurid Crime Tales-
Tehran - US Banks To Set up Iran Branch
2009-04-20
HT: Atlas Shrugs
Tehran - Four American banks, including Citibank and Goldman Sachs, have applied for opening a branch in Iran, an Iranian daily has reported.

The banks made a formal request to the Central Bank of Iran (CBI) about 20 days ago to establish a branch in the country, the Jaam-e-Jam newspaper quoted an informed source as saying.

"If the CBI approves their request, these four banks will set up a temporary branch in an Iranian free trade zone," the source told Jaam-e-Jam, without revealing the names of the other two banks.

"If they can work according to Iran's banking law, they will be allowed to open branches in Tehran and other cities."
Posted by:Uncle Phester

#2  Also on PAYVAND > PERSIA RISING: IRAN OFFERS MORE THAN JUST CASH.
Posted by: JosephMendiola   2009-04-20 19:43  

#1  A cunning plan indeed, may Citibank and Goldman Sachs do ten times as much for Iran as they've done for the USA!
Posted by: Anguper Hupomosing9418    2009-04-20 16:55  

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