Tejarat Bank Boosting  Ties With Peugeot
Economy, Business And Markets

Tejarat Bank Boosting Ties With Peugeot

A board member of Tejarat Bank announced that the bank is ready to offer a variety of banking services to the French auto group PSA Peugeot Citroen to boost interactions.
During a meeting attended by representatives from Iran Khodro Company-PSA joint venture (IKAP), Reza Dolatabadi said “as the partner bank of Iran Khodro, Tejarat Bank is ready to issue letters of credit and other guarantees, as well as extending credits to IKAP as a package”, IBENA reported.
“All the major economic institutions in the country are determined to support foreign investment,” he added.
Ali Mehrpour, the director of Tejarat Bank’s International Affairs Department, who was also present at the meeting, called for boosting interactions between Tejarat and IKAP. 
“Our Paris branch played an important role in developing these interactions and is increasing its services to the French side as part of our cooperation,” he said. During President Hassan Rouhani’s visit to Paris, the French automobile group signed an agreement to create the joint venture IKAP on January 2015. The goals were to produce three models: Peugeot 208, 2008 and 301 by the end of 2017.

Short URL : https://goo.gl/EfGlBU
  1. https://goo.gl/AnmB3a
  • https://goo.gl/2p5mLd
  • https://goo.gl/0YG2GJ
  • https://goo.gl/0t1bYu
  • https://goo.gl/yTcDPK

You can also read ...

Indian Cabinet Clears Tax Treaty With Iran
The Indian Cabinet on Wednesday cleared a double taxation...
(From L) Foreign ministers of Azerbaijan, Elmar Mammadyarov; Georgia, Mikheil Janelidze; Iran, Mohammad Javad Zarif; and Turkey, Mevlut Cavusoglu meet in Baku on March 15.
The foreign ministers of Turkey, Azerbaijan, Georgia and Iran...
Iran National Pavilion Opens  in Shanghai Free Trade Zone
Iran National Pavilion has been launched in the Shanghai Free...
Iran is estimated to have at least 5 million iOS handset users.
While local and foreign media reported that Iranian iPhone...
Iranian Banks Allowed to Guarantee Investments in Oman
The Central Bank of Iran has allowed lenders to issue...
Spotify Touts Growth Over Profits in Listing Pitch to Retail Investors
Streaming music leader Spotify used its cultural cool factor...
Farshad Heydari (C) addresses a press conference in Tehran. 
The controversy surrounding the high number of Iranian bank...
Facebook Bans Far-Right British Group
Facebook has banned the far-right political group ‘Britain...

Add new comment

Read our comment policy before posting your viewpoints