BMI, Korea Bank to Expand Ties
Economy, Business And Markets

BMI, Korea Bank to Expand Ties

South Koreas’ KEB Hana Bank is willing to start cooperation with Bank Melli Iran, KEB president and CEO Ham Young-joo said during a visit to BMI headquarters on Monday.
“South Korea has plans to invest in Iran and expand ties with economic sectors in the country,” the Korean banker was quoted as saying by ILNA.
He also hoped the two banks would soon start collaboration following the three-day visit of South Korean President Park Geun-hye to Iran, during which $20 billion worth of agreements are expected to be signed.
KEB Hana is the South Korea’s top-rated bank, with the largest assets in Korea as of June 2015. The bank has 127 branches in 24 counties.
Abdolnasser Hemmati, head of BMI, called for the establishment of correspondent banking relations between the two banks and their branches in Germany and Dubai “to provide banking services needed for boosting commercial ties between the two sides.”
 BMI is the largest commercial bank in Iran and the Middle East with over 3,300 domestic branches and 43,000 employees. It has 18 overseas branches.


Short URL : http://goo.gl/5YiJgN
  1. http://goo.gl/rRhbYX
  • http://goo.gl/ncdZRP
  • http://goo.gl/wAAduT
  • http://goo.gl/WmTFvO
  • http://goo.gl/Ygld7S

You can also read ...

US Looking East After Fining Europe Over Iran Business
The US effort to put Iran in a financial bind meant European...
Proses has offered to explore a possible SISP at the world class Mehdiabad zinc (lead and silver) project in Iran where it has a role in development planning.
British mining and mineral processing technology company...
Depending on Iran’s progress in completing its action plan, FATF will take further steps in June 2018.
The Financial Action Task Force has recognized measures taken...
Iran’s Corruption Perceptions Index Improves
Iran’s score based on the Corruption Perceptions Index...
Crimean Ports Under Sanctions Looking for Way Out to Iran
Crimea’s ports, which are not operating at full capacity due...
Home Security Startup Taps Face-Recognition Tech
A team of engineers that worked on self-driving cars and...
SpaceX successfully deployed a satellite into low Earth orbit for the Spanish government.
SpaceX took a critical step Thursday toward making one of Elon...
Iranian Internet Service Providers Under Scrutiny
In a bid to increase access to the Internet, the Communication...