Iran News ...


Iran's Bank Saderat ready to thwart US attempts to block banking services

Tehran, Sept 10, IRNA-Bank Saderat Iran (BSI) declared here Sunday, following the announcement of US Department of Treasury about blocking some of the transactions of this bank, that all of its banking affairs both at its domestic and overseas branches are fully conducted according to Islamic system and international regulations.

A news release issued by the Public Relations Department of Bank Saderat Iran said that though the US is eager to create problems in international transactions of Bank Saderat Iran, given the extensive banking and information network of this bank, its international communication system, extensive banking exchanges with foreign banks, in particular those in Europe, such a hostile attitude will not be effective.

Meanwhile, in case of any possible problems, Bank Saderat Iran is capable of making proper decisions and implementing them.

... Payvand News - 9/11/06 ... --

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