UK Lifts Sanctions on Bank Saderat

Date: 25 October 2016 - 20:32

News ID: ۳۲۷۱۳

LONDON (Dispatches) -- The British government has announced that it has removed Bank Saderat Iran (BSI) from its list of sanctioned entities.
The announcement was made by the UK Treasury which added that the BSI assets had also been unfrozen. The Treasury said in a release that the Iranian bank had been blacklisted as a result of nuclear sanctions against Iran. The decision to delist the bank, it said, was in line with the amended regulations by the European Union regarding the lifting of sanctions against Iran.