VOL. XXXVIIINO. 1616-JANUARY-1995

Financial and Banking News

Regional Financing

UK Banks Move Towards Settlement Of Iranian Debt

British banks are slowly moving towards a resolution of theiroverdue Iranian debt. Lloyds and ANZ Grindlays have already signed reschedulingagreements, while Standard Chartered and National Westminster are still tryingto negotiate settlements. Barclays, which has minimal exposure, is not seeking adeal. None of the debt which has been rescheduled, or which is in the...