EDBI, Hungarian Bank to  Sign Deal
EDBI, Hungarian Bank to  Sign Deal

EDBI, Hungarian Bank to Sign Deal

EDBI, Hungarian Bank to Sign Deal

Export Development Bank of Iran and Hungarian Export-Import Bank will soon sign a deal to start correspondent relations. Ali Salehabadi, the EDBI chief, said that the planned deal would help the two banks to offer credit, including for importing industrial equipment, Shada reported on Sunday. He also noted that the two banks might also form a syndicate to finance major projects. He said his bank has established correspondent relations with 60 European banks, including banks in Germany, Belgium, Denmark and Italy. The state-owned EDBI specializes in export/import funding. The government has recently provided the bank with enough resources to finance exporters of domestic goods at lower rates.

Short URL : https://goo.gl/IX3UWk
  1. https://goo.gl/sCVJRL
  • https://goo.gl/KS9pO9
  • https://goo.gl/EMd5Gt
  • https://goo.gl/d29Wra
  • https://goo.gl/Iwpncd

You can also read ...

President Rouhani Officially Inaugurates Tabriz 2018
A glittering ceremony attended by President Hassan Rouhani was...
E-Jing GT electric sports car concept
The Beijing International Automotive Exhibition is a barometer...
Audi Recalling 1.16 Million Vehicles
Volkswagen AG’s luxury unit Audi said on Tuesday that it was...
Bank Branches Shrink
Iranian banks have shrunk by 0.3% in the previous quarter...
While Iran currently produces about 400,000 tons per year of aluminum, consumption is around 600,000 to 700,000 tons.
Iran is on track to launch a new aluminum smelter early next...
In its meeting on Tuesday, the Money and Credit Council, headed by CBI Governor Valiollah Seif, approved further cuts to interest rates levied on Housing Savings Account.
Iran's highest financial decision-making body has approved...
A host of high-level officials, including several ministers, CBI Governor Valiollah Seif and two deputies of President Hassan Rouhani were present at the meeting on April 25. 
Iran’s First Vice President Es’haq Jahangiri on Wednesday...
Pensions Account for Biggest Share of Treasury Payments
Payments to the Civil Servants Pension Organization accounted...