BIM Removed  From Ban List
Economy, Business And Markets

BIM Removed From Ban List

Deutsche Bundesbank (Germany’s central bank) removed Bank of Industry and Mine and its affiliate, Eihbank, from its sanctions’ list on Wednesday. The German bank called for the enhancement of ties between the two banks to boost Iran-Germany trade, BIM website reported. BIM is expecting a German delegation in April. BIM is a state-owned specialized bank. It also owns 53% of the Hamburg-based Eihbank shares.

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