The UN Security Council in New York removed names of Iran’s Bank Sepah and Bank Sepah International from the 2231 List after concluding its consideration of the de-listing request.
An Iranian MP has said that foreign bank presence in Iran would infuse liquidity into the national economy which could help production flourish, if managed properly.
A deputy economy minister has said that efforts to develop Iran-Brazil ties have gained momentum and that the two countries have inked deals on customs, double taxation and joint ventures.
The minister of communications and information technology has said that a number of Iran's private banks are interested in entering Azerbaijan's banking market.
The CBI governor has said that Iran and Britain seek to exchange banking delegations in order to pave the way for cooperation between Iranian and British banks.
Iran’s free trade zones are appropriate for the establishment of branches of Japanese banks and insurance companies, said Afkhamirad in a meeting with a top Japanese delegation.
According to the regulations of free trade zones, foreign investors can establish new banks or bank branches in these zones, Seif said.
Under a deal the Ahmadinejad government signed with the Chinese, the Chinese have been entrusted with holding Iran's assets.
The capital market should be as instrumental as the banking system in financing the country's projects, the economy minister said.
Iran's membership of the bank is in line with measures to realize the principles of the resistance-based economy, Minister of Economy and Financial Affairs Ali Tayyebnia said.