Economy, Business And Markets

Bank Parsian to Open Najaf Branch

Bank Parsian to Open Najaf BranchBank Parsian to Open Najaf Branch

Bank Parsian is to open its second branch in Iraq in the foreseeable future, a member of its board of directors said. “In line with answering the need for transferring foreign currencies, we have strived to establish a broad foreign network and that is why we will soon open a branch in Najaf,” Abbas Khosravani was also quoted as saying by ILNA. This will be the second branch of the Iranian lender in Iraq, the other being in Baghdad. “We are also reviewing the possibility of opening new branches in Europe,” he added. BMI, Iran’s biggest lender, is also planning to open a branch each in the holy cities of Najaf and Karbala.

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