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Post by radovic on Nov 21, 2007 13:49:18 GMT -5
Banks from Romania froze transfers to Iran.
EMonline
BRD, BCR, Raiffeisen and Banca Transilvania have ceased conducting banking transfers towards Syria and Iran
BRD, BCR, Raiffeisen and Banca Transilvania representatives have stated that the named banks are no longer able to conduct banking operations towards Iran.
Romanian National Bank (BNR) officials did not confirm whether an embargo against the two countries is in place. Through these banking measures, the Western states try to compel the authorities in Tehran to suspend the nuclear program.
Following these measures, the Romanian banks that were engaged in operations with Iran and Syria via Western banks have suspended those operations. ‘I was taken by surprise because I deal with the National Bank’s PR. This information is confidential and there is another department within the central bank that has the duty of making sure this information reaches the commercial banks’ Adrian Vasilescu, advisor for the Governor of the Romanian National Bank, stated.
The banking pressures were decided upon in parallel with the sanctions adopted by the UN Security Council which has voted two Resolutions that have sanctioned Iran’s nuclear and missile programs. The United States of America has imposed at the end of October new sanctions against three banks and several units belonging to the Iranian army in order to transform Iran into a ‘financial pariah’. (Nine O Clock)
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