Tehran, Accra to Expand Banking Ties

Iran and Ghana discussed different aspects of expanding banking relations during a meeting between the CEO of the Export Development Bank of Iran Ali Salehabadi and the chief executive of Ghana Export Promotion Authority, Gifty Kekeli Klenam, and her deputy Florence Arapa in Tehran. Klenam, who is also a member of the board at Ghana EXIM Bank, attended the meeting at the head of a delegation on Tuesday, in which both sides called for boosting banking interactions to improve bilateral economic relations. EDBI’s CEO said the meeting marks the starting point of banking relations between Iran and Ghana. “Connecting the exim banks of both countries will be the first step toward conducting banking ties and then we can discuss other issues like issuing guarantees, letters of credit and opening both short- and long-term credit lines,” Salehabadi said.