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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 |