12 Iranian banks free from sanctions
Iran’s Central bank has announced that the SWIFT (the Society
for Worldwide Interbank Financial Telecommunication) sanction on
the country’s 12 banks has been lifted, IRNA news agency
reported.
The country’s Central Bank as well as Tejarat Bank, Refah Bank,
Export Development Bank of Iran, Bank Sepah, Post Bank Iran, Bank
of Industry and Mine, Iran-Europe Commercial Bank, Tose`e Ta`avon
Bank (Cooperative Development Bank), Sina Bank, Bank Mellat and
Bank Melli are now eligible to use SWIFT.
On 20. Jan, the governor of the Central Bank of Iran (CBI),
Valiollah Seif, said that despite the removal of international
sanctions at least two Iranian banks are still under sanctions.
In a joint statement on Jan. 16, the EU High Representative
Federica Mogherini and Iran’s Foreign Minister Mohammad Javad Zarif
announced the implementation of the JCPOA, aka nuclear deal, and
the removal of economic sanctions on Iran.
According to the statement, EU confirmed that legal framework,
providing for lifting of its nuclear-related economic and financial
sanctions, is effective.
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