TEHRAN: European banks are showing eagerness to resume activities in Iran now that the sanctions are being lifted against the Islamic Republic, according to Ali Divandari, director of Iran’s Monetary and Banking Research Institute (MBRI).
Divandari made the remarks in a press conference on Tuesday to expound on programs and objectives of “The 2nd Business and Banking Forum Iran Europe” which will be held in Tehran from March 5 to 7.
He said that in the first edition of the event, which was held in Frankfurt on November 18-19, 2015, it was decided to hold the second edition in Tehran upon removal of the sanctions.The forum is to strengthen ties between Iranian and European banks and also boost cooperation between Iranian banks and foreign investors, Divandari stated.
He mentioned export financing and Iranian banks’ rejoining to the global banking system as the other objectives of the forum. The MBRI’s director said Central Bank of Iran (CBI) Governor Valiollah Seif and five Iranian ministers will deliver speech in the forum.
