TEHRAN, Iran — Plagued by the woes of Iran’s troubled banking system, many Iranian firms are considering raising capital by issuing dollar-denominated bonds once sanctions are lifted. However, the road to this end won’t be easy — and the lifting of sanctions alone won’t solve everything.
Iran’s exclusion from the Society for Worldwide Interbank Financial Telecommunication has meant that many Iranian companies have not been able to embark on capital raising through borrowing from overseas lenders, Ali Sanginian, CEO of Amin Investment Bank, told Al-Monitor.