Economy, Business And Markets

Bank Melli Reviving Ties With French Bank

Bank Melli Reviving Ties With French BankBank Melli Reviving Ties With French Bank

High-level executives with Bank Melli Iran and France’s Banque Delubac met on Wednesday in Tehran to discuss a potential restoration of relations that were cut off after Iran was slapped with financial sanctions.
Barat Karimi, a board member of Iran’s biggest bank BMI, conferred with Denis Meilhon, chief executive, and Joel-Alexis Bialkiewicz, managing partner at the French bank. 
Mohsen Rashidi, director of Iran-France trade promotion at the Trade Promotion Organization of Iran, also attended the meeting, BMI’s official website reported.
“The two countries had a large volume of trade before the sanctions when BMI had active banking correspondent relations with many of France’s major banks,” the BMI board member said. 


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment