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  • Driving commercial and political engagement between Asia, the Middle East and Europe


    Briefing with Iran’s Central Bank Vice Governor: Is Iran open for business?

    Following the visit of Peyman Ghorbani, Vice Governor of Economic Affairs of the Central Bank of Iran in March, Asia House will welcome Hamid Tehranfar, Vice Governor of Banking Supervision Affairs of the Central Bank, for a private briefing with corporate members on 20 May.

    After 10 years of isolation, Iran is now open for business; however, European companies still face challenges to enter the market. Uncertainty of what the lifting of sanctions means for business overshadows the economic potential of a market with almost 80 million people. Iran does not have any special credit rating institute which complicates any business activities. “We want to achieve high growth rates so we need good financing and cooperation with other countries and to attract FDI to the economy,” Mr Ghorbani said in March.

    Central Bank Vice Governor Hamid Tehranfar will brief Asia House corporate members on economic and regulatory reforms as well as the impacts of external factors such as softening commodity prices.

    The Central Bank of Iran is in charge of implementing monetary and credit policies of the country, maintaining the value of the national currency, facilitating trade-related financial transactions and improving the economic growth potential of the country.

    Hamid Tehranfar joined the Central Bank Iran in 1985.

    This event is open to Asia House corporate members only.

    For further information, please contact: Jeremy Wimble, Business & Policy Team at jeremy.wimble@asiahouse.co.uk or call 0207 307 5454.

    Jonathan Moss, a Partner and Head of DWF’s Transport Sector and Nasim Bazari a Trainee Solicitor at DWF law firm analysed the opportunities in the transport sector in Iran. You can read the article here.

    Vahid Alaghband, Chairman of Balli Holdings Limited, wrote a chapter titled Iran: Lifting sanctions is only the first step on a long journey to recovery for the Asia House publication Asia 2025. which was launched in March of this year. You can read the full chapter here.

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    • Date
      20 May 2016
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