Iran is set on a privatisation course to revive the economy and improve efficiency in its financial institutions. By Stephen Timewell and Mohsen Asgari in Tehran.
Middle East
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Tough line on reform pays off
December 2, 2003
In a region of political upheaval, Iran has worked hard to maintain its
stability. Strong oil revenues and healthy trade with the EU have
supported expansion and the outlook is positive.
Change is coming
December 2, 2003Stephen Timewell reports on the slow but sure growth of Iran’s private banks.
Open to capital
December 2, 2003Legal reforms have opened the doors of the Tehran Stock Exchange to foreign investors, reports Mohsen Asgari.
One-way traffic
December 2, 2003While Iranian banks are deregulating and expanding abroad, foreign players are still constrained by regulation, as Stephen Timewell reports from Tehran.
Gulf gets a retail boost
November 3, 2003While Gulf banks enjoy strong results, banks in non-oil countries have seen a drop in their profits. Stephen Timewell reports.
Bulls in a tight economy
November 3, 2003It is a wonder that Zambia’s banks survive, let alone make money, in a country where running costs are high, reports Gill Baker.