Turkish bankers due in Tehran for talks on fresh restrictions

Business Materials 30 May 2017 17:22 (UTC +04:00)

Baku, Azerbaijan, May 30

By Farhad Daneshvar – Trend:

Turkey’s Halkbank officials are expected to visit Tehran for talks on removing obstacles to banking ties, following recent reports suggesting that the state-owned Turkish bank has imposed fresh restrictions on Iranian entrepreneurs doing business there.

According to a senior official with the Central Bank of Iran (CBI), Halkbank has recently placed restrictions on Iranian entrepreneurs for opening bank accounts, Nasim news agency reported.

Director for International Affairs Department at the CBI Hossein Yaqoubi-Miab has said that Halkbank officials have taken up the CBI’s invitation to visit Tehran in order to discuss the issue.

The official said the visit will take place soon but he did not provide further information on the visit date and details.

US authorities in late March arrested Mehmet Hakan Atilla, a top official with HalkBank, at New York’s JFK airport accusing him of helping Iran evade sanctions during Former President Barak Obama’s term.