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BN 01/20 11:24 *FARS IS IRANIAN STATE-RUN NEWS AGENCY BN 01/20 11:23 *FARS DOESN'T IDENTIFY PERSON WHO SPOKE ON BANKS CHOSEN BY IRAN BN 01/20 11:20 *STANDARD CHARTERED, SOCIETE GENERALE AMONG BANKS CHOSEN BY IRAN BN 01/20 11:19 *BANKS TO EASE IRAN ACCESS TO $4.2B HELD IN ACCOUNTS: FARS BN 01/20 11:19 *3 BANKS CHOSEN TO FACILITATE IRAN'S ACCESS TO ITS FUNDS: FARS
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SocGen, Standard Chartered to Help Iran Access $4.2b, Fars Says 2014-01-20 11:45:52.64 GMT
By Golnar Motevalli Jan. 20 (Bloomberg) -- Societe Generale, Standard Chartered and one other bank will help Iran access frozen oil revenue, state-run news agency Fars reports, citing unidentified official. * Funds unlocked due to interim nuclear deal * Third bank not identified * NOTE: Iran Freezes Nuclear Work Meeting Terms for Sanctions Relief {NSN MZP2ZI6S972T <go>} * NOTE: Iran Nuclear Accord Implementation to Begin, Obama Says {NSN MZB3OV1A74E9 <go>}
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To contact Bloomberg News staff for this story: Golnar Motevalli at +971-4-3641020 or gmotevalli@bloomberg.net
To contact the editor responsible for this story: Dana El Baltaji at +971-4-364-1021 or delbaltaji@bloomberg.net