Central Banks of Iran, Oman to Maximize Ties

The central banks of Iran and Oman have signed an agreement on Sunday to prepare the ground for expansion of banking ties at the Central Bank of Iran’s headquarters in Tehran.

Valiollah Seif, CBI’s governor, said banking relations between Iran and Oman are not fully normalized yet.

“This is a great opportunity for the two countries’ bankers, which could help boost commercial relations between the two countries,” CBI’s website quoted Seif as saying.

Hamoud bin Sangour al- Zadjali called for close cooperation between Omani Banks Association and Iran’s Association of Private Banks and Credit Institutions. Zadjali also called for Bank Melli Iran and Bank Saderat Iran to resume operations in Oman.

Representatives from the two countries’ commercial banks and foreign ministries attended the meeting.