Sanctions Banking and insurance in Iran

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the united states attempting isolate iran international financial , commercial system in effort promote policy change in iran regarding nuclear program , purported terror financing.


in 2006, swiss banks ubs , credit suisse abn amro , hsbc - decided end operations in iran. ubs announced had stopped doing business iran because of company s economic , risk analysis of situation in country. ubs stated no longer deal individuals, companies or state institutions such central bank of iran.


bank melli, saderat , sepah iran s 3 largest banks. have been hit un , sanctions on past 2 years, on alleged links iran s nuclear , missile programmes (2008). malaysia , u.a.e cooperating united states in implementing international sanctions against iran.








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