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BMI Restores Hamburg Branch
Economy, Business And Markets

BMI Restores Hamburg Branch

Bank MelliHamburg branch has resumed its banking activities after international sanctions against Iran were lifted in January. Regardingthe central bank’s allocation of foreign currency to the bank,BMI’s Hamburg branch isnow responsible for providing facilities such as opening credit lines andconducting forex transactions for import, banker.ir reported on Monday.Since the implementation of the nuclear deal between Tehran and the six world powers, BMI has negotiated with over 90 international banks for establishing/restoring banking relations.

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