U.S. slaps sanctions on Iranian state-owned bank

Mon Jan 23, 2012 6:18pm GMT
 

WASHINGTON Jan 23 (Reuters) - The Obama administration on Monday imposed sanctions on Iran's third largest bank, making it harder for Tehran to access the world's financial system.

Iran's Bank Tejarat, and an affiliate Trade Capital Bank, were blacklisted for providing financial services to other entities already sanctioned for their involvement with the country's nuclear weapons program, the U.S. said.

(Reporting By Rachelle Younglai;Editing by Jackie Frank)

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