Bank 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.