Global Trade Alert
Global Trade Alert

Iran: Government allows foreign banks to establish branches in Iran

Announcement

18 Mar 2009

In March 2009, the government of Iran announced changed rules for foreign investors.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

18 Mar 2009

Revocation date:

No revocation date

Updated: 18 Mar 2009
FDI: Entry and ownership rule In force
On 18 March 2009, the Council of Ministers with its decree Number 87/67813 has set the rules for regulating the activity of foreign banks .For years, Article 44 of the Iranian Constitution placed bank...
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