IslamicFinance.de

Iran has four banks in Britain and will set up two new banks in London in near future, Governor of Central Bank of Iran Valiollah Seif said on Sunday. He made the remarks on the sidelines of a meeting with British Foreign Secretary Philip Hammond. Speaking to IRNA, he said the two banks to be set up are the London branch of bank Melli of Iran and Persian International Bank. In the meeting with British Foreign Secretary Philip Hammond and his entourage, the two sides studied grounds for expansion of cooperation and the history of banking cooperation as well as existing grounds for expansion of such cooperation, he said. UK delegation voiced their willingness of the British banks to come back and resume operation in Iran, he said.