Middle East: Iran’s banks struggle with expectations

Banks in Iran have made progress since the signing of the nuclear deal, yet many obstacles to doing business internationally remain; for every step forward, there seems to be one back.

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Akbar Komijani is upset with the US treatment of Iran

Akbar Komijani, deputy governor of the Central Bank of Iran, finds it difficult to contain his frustration during an interview with Euromoney at the end of 2016.

“There has to be some speedy movement,” he says, impatient for international banks to accelerate their re-engagement with Iran. “Any actions that are taking place should be legitimized, should be lawful, but it doesn’t mean that this process should take a long, long period of time.

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