Tag Archives | Persia International Bank

UK Removes Iranian Bank from Sanctions List

Bank Saderat Iran (BSI) has been removed from Britain’s list of sanctioned entities, a report said. The UK Treasury made an announcement on Monday, saying that it has lifted its sanctions on the Iranian bank, which had been blacklisted as a result of sanctions against Iran. The decision to delist the bank, it said, was […]

UK may allow Iranian Banks to Resume Business

By John Lee. British regulators are said to be considering whether to allow two Iranian banks to resume operations in London. Sources told Reuters that Melli Bank and Persia International Bank will only be able to operate in the United Kingdom once they have met Bank of England criteria for financial firms, including such matters […]