Iranian bank opens 7 branches in Iraq

Iranian bank opens 7 branches in Iraq

2019/9/29 14:35

Iranian bank opens 7 branches in IraqThe head of the Association of private banks in Iran, the issuance of an Iranian bank licenses to open 7 branches in Iraq, in the framework of export subsidies.
In a speech at the Forum on “Export Finance for the Iraqi Market” on Sunday, Kurush Prozian said that the private Iranian bank did not mention his name, has obtained the necessary licenses from the Central Bank of Iraq to open 7 branches, where two branches have been established, with a capital of $ 50 million each.
The president of the Association of private banks and credit institutions of Iran, said that the Association is ready to form a consortium (alliance) to finance export projects such as technical and engineering services for Iraq.

alforatnews.com