Iran pulls out assets from European banks
Trade Arabia
29-Aug-2010

Iran has withdrawn all the assets held by its banks in Europe to escape the latest round of international economic sanctions over its nuclear drive, said a report quoting the country's top banking official.

'The Central Bank has transferred the assets from Europe. Currently there is no problem with regard to blocking of assets of the iranian banks by the european union,' Iran Central Bank Governor Mahmoud Bahmani was quoted as telling the semi-official Fars News Agency.

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