EVENT INFORMATION

30
January
1889

Imperial Bank of Persia concession is signed

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๐Ÿ“… 30 January 1889 ๐Ÿ“ Iran

A new concession authorized a British-backed Imperial Bank of Persia, which received note-issuing privileges and became a major foreign financial institution in Iran. The deal illustrates how banking and currency authority became part of the contest over economic sovereignty under Qajar rule.

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People in this event

Nasir al-Din Shah

British investors

Organizations in this Event

Imperial Bank of Persia

Qajar government