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Is Your Household Money Going to Iran?

HSBC in November 2002 signed a $500m medium-term project finance framework agreement with six Iranian commercial banks: Melli, Saderat, Mellat, Tejarat, Sepah and the Export Development Bank according to the IranReporter.com

Iran is firmly on many banks’ radar screens, though. HSBC set up a representative office in Tehran in 1999 after an absence of four decades […]