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“Our operations are mainly in Europe, so we have been experiencing a certain level of difficulty. However, there has been no great material impact on our business yet” Ahmad Azizi, Melli Bank |
Accusations of funding terrorism and missile development have been denied and the British Bankers’ Association fears Iranian banks in London are becoming victims of US foreign policy as other banks curtail services. Lawrence White reports.
THE INTRICATE BATTLE of words, wits and wills between the US Treasury and Iranian banks has stepped up a gear.
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