Cancel the Permit for Iran's Export Bank!
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.7 Articles
7 Articles
The central bank of Lebanon has withdrawn the authorization to operate the Iranian financial institution Bank Saderat, one of the largest commercial banks in the Asian country, at a time marked by the U.S. economic offensive on the Islamic Republic of Iran with which it seeks to drown all its commercial ties.The governor of the Lebanese entity, Karim Souaid, has stressed that the measure seeks to "send a clear signal abroad that we are determine…
Beirut - Arabic Jerusalem: In a remarkable step that coincided with the arrival of Iranian Assistant Foreign Minister Said Khatibzadeh in Beirut, Thursday, the Bank of Lebanon cancelled the local licence of Iran ' s Export Bank, one of Iran ' s largest banks, at a time when the United States was intensifying its pressure on countries to cut off their trade relations with Tehran.
Lebanon's central bank has revoked the local operating license of Iran's Saderat Bank, a move that comes as the United States steps up pressure to isolate Iran's economy and limit countries' trade relations with Tehran.
Previously, the US Treasury Secretary, in a meeting with Lebanese government officials, had requested cooperation to close the Iranian Export Bank and revoke its license.
The Bank of Lebanon cancelled its domestic licensing of Iran's export bank, one of Iran's largest banks, in the midst of escalating American pressure on countries and financial institutions to cut off their relations with Tehran, and Beirut's endeavours to protect its banking sector and enhance its compliance with international standards. In an interview with Bloomberg, the Governor of the Bank of Lebanon, Karim Saeed, said that the decision was…
Bloomberg: Bank of Lebanon cancels Iran's export bank license.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
