CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID BIN MUBARAK AL-SHAFI

Business / Middle East Business

Iran banking sector has room for JVs with foreign investors - deputy central bank governor

Published: 23 Jul 2015 - 02:54 pm | Last Updated: 11 Jan 2022 - 11:44 pm

VIENNA: Iran's financial sector offers opportunities for cooperation between domestic banks and foreign investors, Iranian central bank deputy governor Akbar Komijani said on Thursday.

"Iran is enjoying a very vastly developed banking sector ... there is plenty of room for cooperation, with joint ventures between foreign investors and Iranian partners," Komijani said at a conference promoting trade between the European Union and Iran.

"E-banking has grown very much, but there is still a good opportunity to start business together in that area," he added.

Reuters