24043
CEO Confident of Banking Resurgence
Economy, Business And Markets

CEO Confident of Banking Resurgence

Iran’s banking sector has suffered a lot in the past few years due to the crippling sanctions imposed on Tehran over its nuclear energy program, but the industry would survive if sanctions are lifted, Iran Zamin Bank’s CEO Mohsen Hashemi said on Saturday, as reported by IRNA. “Banks are social and economic entities that can directly affect both the citizens and manufacturing, as they can help improve employment,” he said, expressing hope that Iranian banks, which are in desperate financial situation, would “reemerge in the near future.” Iran and the six world powers, known as P5+1, reached a historic nuclear agreement on July 14, paving the way for Iran to get rid of nuclear-related sanctions weighing on its economy in exchange for it limiting parts of its nuclear program.

Short URL : https://goo.gl/J3YKBK
  1. https://goo.gl/5Gjdib
  • https://goo.gl/nkSBAe
  • https://goo.gl/CG7TkO
  • https://goo.gl/ynOZ9X
  • https://goo.gl/QdMqRT

You can also read ...

Iran, India Reinforce Economic Ties With Chabahar Deal
The development of the strategic Chabahar Port is becoming a...
Banks, Petrochems Dominate List of Iran’s Largest Companies
Iran’s Industrial Management Institute released on Sunday the...
3rd Turkish Border Gate With Iran to Operate 24/7
Turkey is working to keep a third border gate with Iran open...
The forex volatility had caused widespread concerns among the public and investors .
After weeks of wild rallying, the US dollar has lost its...
Insurance E-Marketing Rules Notified
The Central Insurance of Iran has published rules to regulate...
MPs Weigh FATF’s Impending Decision
As the 700 delegates from 203 jurisdictions of the Financial...
Tehran Housing Construction Permits Rise in H1
The number of residential construction permits issued in...
New US Probe May Dim Boeing Deal Prospects
An Iranian airline under sanctions by the US for ferrying...

Trending

Googleplus