Mir Business Branch for Sarakhs
Economy, Business And Markets

Mir Business Bank Branch Planned in Sarakhs

Bank Melli Iran, the nation’s biggest bank, is planning to establish a branch of its subsidiary Mir Business Bank–based in Russia– in Iran, a member of its board said.

“The presence of a foreign bank branch inside the country can facilitate many things for investors, exporters and importers,” Barat Karimi was also quoted as saying by the news portal of the bank, adding that it will make transfer of funds much easier.

According to the BMI official, the bank plans to establish the branch in the city of Sarakhs in Khorasan Razavi Province, which has been designated a special economic zone.

However, Karimi said, doing so would require a permit from the Central Bank of Iran, which is currently awaited by BMI.  


Short URL : https://goo.gl/NEjy1A
  1. https://goo.gl/gKt4s5
  • https://goo.gl/btiDzH
  • https://goo.gl/8aNcgV
  • https://goo.gl/K79o74
  • https://goo.gl/GC7bJY

You can also read ...

Stadler Rail’s business with Iran is worth billions of Swiss francs.
In early March, the Swiss Embassy in Tehran gladly announced a...
Iran to Increase Exports to US Despite Sanctions
A senior Iranian trade official has announced that the country...
Gov’t Limits  Forex Supply  to Importers
The government has curbed the allocation of foreign currency...
Grab Clinches Deal With HSBC
Ride-hailing startup Grab has secured a $370 million five-year...
Trends in Housing Sales, Rents
The Statistical Center of Iran has presented crucial data...
Iran Proposes to Set Up IMO Offices in West Asia
The Ports and Maritime Organization of Iran has announced its...
Audi CEO Arrested Over Diesel Scandal
Audi CEO Rupert Stadler was arrested in Munich on Monday in...
Over 2.55 billion shares worth $169.2 million were traded at TSE on June 18.
Tehran stocks showed no signs of backing down on their rally,...

Add new comment

Read our comment policy before posting your viewpoints