European Banks Demand to Open Branches in Iran: CBI Chief
TEHRAN (Tasnim) – Central Bank of Iran (CBI) Chief Valiollah Seif said after the recent implementation of the nuclear deal between Tehran and six world powers (known as JCPOA), some major European banks have voiced their willingness to open branches in the Islamic Republic.
“After the implementation of the Joint Comprehensive Plan of Action (JCPOA), there have been some demands from European banks to establish branches and representative offices in Iran,” Seif told reporters on Monday.
He emphasized that the requests made by the European banks, which include large and small ones, are being considered, adding that all kinds of banks can forge relations with Iran and actively work in the country.
Elsewhere in his remarks, the CBI chief denied certain claims that Iran has not been connected to SWIFT, a global network brought by Society for Worldwide Interbank Financial Telecommunication, saying that the connection is “clear as daylight”.
The remarks came against the backdrop of a new wave of interest in ties with Iran after Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14, 2015 reached a conclusion over the text of a comprehensive 159-page deal on Tehran's nuclear program and started implementing it on January 16.
The comprehensive nuclear agreement terminated all nuclear-related sanctions imposed on Iran after coming into force.
