Abstract :
p class= Style1 style= line-height: 16pt; p class= MsoNormal dir= LTR style= margin-bottom: 0.0001pt; line-height: normal; direction: ltr; unicode-bidi: embed; span style= font-size: 9pt; font-family: Tahoma, sans-serif; After the revolution of 1979, all of the private banks existing in Iran were nationalized and the economic system was based on public, cooperative and private sectors and banking operations were categorized in public sector. Consequently, private sector and foreign banks were bared from doing banking operations in Iran. According to the recent laws and regulations passed in Iran, the Iranian private sector have been permitted to do banking operations in Iranian mainland and foreigners have been allowed to do so in Iranian free zones. o:p / /span /p p class= MsoNormal dir= LTR style= text-align: left; line-height: normal; direction: ltr; unicode-bidi: embed; span style= font-size: 10pt; font-family: Tahoma, sans-serif; With regard to the importance of the subject, the regulations prevailing in Iranian mainland and free zones shall be examined. /span span style= font-family: Tahoma, sans-serif; o:p / /span /p p class= MsoNormal dir= LTR style= text-align: left; line-height: normal; direction: ltr; unicode-bidi: embed; p class= MsoNormal style= line-height: 150%; b JEL: /b G21, G38, H42 o:p / /p /p /p
