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.
In a region of political upheaval, Iran has worked hard to maintain its stability. Strong oil revenues and healthy trade with the EU havesupported expansion and the outlook is positive.
Stephen Timewell reports on the slow but sure growth of Iran’s private banks.
Legal reforms have opened the doors of the Tehran Stock Exchange to foreign investors, reports Mohsen Asgari.
While Iranian banks are deregulating and expanding abroad, foreign players are still constrained by regulation, as Stephen Timewell reports from Tehran.