Iran\'s Deposits in UK Banks Rise To $6b

Published December 19th, 2000 - 02:00 GMT

Iran's assets in banks operating in the UK rose to $6b at the end of September, more than double the level a year earlier, Iran's official news agency (IRNA) reported Tuesday. 

According to the Bank of England's latest statistical release, Iranian deposits have grown by $1.2b from June 30th and by 2b from March 31st.  

According to IRNA Iran's liabilities with British banks also fell during the second and third quarters from 1.6b to 1.4b, around the same level as at the end of September last year -- Albawaba.com

© 2000 Al Bawaba (www.albawaba.com)

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