36915
Regional Banking Coop. Talks With Oman
Economy, Business And Markets

Regional Banking Coop. Talks With Oman

Governor of the Central Bank of Iran and his Omani counterpart met on Monday to prepare the grounds for the opening of Omani bank branches in Iran.
“Iran and Oman banking relations should not be limited only to banking services between the two sides because we have the potential to extend and expand banking services to the region,” the CBI  website quoted Valiollah Seif as saying.
“Omani banks are welcome to open branches or corresponding offices in Iran,” he added.
“We will not forget Oman’s support for Iran during the years of sanctions. In the new era we want to strengthen our cooperation and friendship, especially banking ties.”
President Hassan Rouhani has tasked the CBI to improve banking relations with Sultanate of Oman, according to the governor.
Hamood bin Sangour bin Hashim Al Zadjali, CEO of the Central Bank of Oman noted that he is on mission to prepare the conditions for opening bank branches in Tehran.
“Our commercial banks will soon send their proposal to the CBI,” he said.
Iran and Oman exchanged views on banking, transit, commercial, industrial, energy and customs cooperation, during Omani Foreign Minister Yusuf bin Alawi bin Abdullah’s meeting in Tehran on Saturday when he was received by Rouhani.
Bank Muscat announced recently that it is ready to issue letters of credit for Iran up to $200-$250 million.
Iran and the Persian Gulf sultanate have had cordial ties both before and after the 1979 revolution. The leadership is Muscat is probably the only one in the region that has had close access to and regular contacts with the governments in Tehran. More recently the Omani government has played an instrumental role in mediating between Tehran and Washington on highly critical issues including the nuclear dispute and some Americans held in Iran on charges related to spying and illegal entry.

Short URL : http://goo.gl/1pPwXo
  1. http://goo.gl/I8CRvc
  • http://goo.gl/gTCGOP
  • http://goo.gl/utwykc
  • http://goo.gl/xRxizD
  • http://goo.gl/Lfwgu2

You can also read ...

New Rules Allow  Direct Forex Sale
Businesspeople that have validated their purchase orders are...
German firms, especially those without business links to the US, want to continue their Iran business.
While Germany’s big banks are studiously avoiding Iran-related...
Iran is the world’s biggest saffron producer and accounts for more than 90% of the global production.
Iran Mercantile Exchange launched saffron futures trading for...
Tesla Admits Model 3 Braking Issue, Promises Fix
Tesla Inc’s Chief Executive Officer Elon Musk admitted on...
Uber Plans Taxi-Hailing  in Japan
Uber Technologies plans to launch its first taxi-hailing pilot...
Iran Khodro Expanding Presence in Iraqi Market
Iran’s largest carmaker, Iran Khodro, is set to export 6,000...
Banking Amendments Approved
The Money and Credit Council approved the Central Bank of Iran...
Prices have been jacked up by car dealers and some makers by 6-22% only in the past few weeks.
Authorities are set to ratify new car prices for models...

Trending

Googleplus