Iran Issues Licence To Standard Chartered To Operate In Kish Free Zone
The Governor of the Central Bank of Iran, Ibrahim Sheibany, announced last week that Standard Chartered Bank had been issued with a license to open the first foreign bank in Irans free trade zone at Kish Island. Mr Sheibany said that the bank would begin operations as soon as it completed staff recruitment. He added that foreign banks operating in Iran would have to abide by the...
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