Bank Saderat’s branch in Doha
Bank Saderat’s branch in Doha
Monday, June 11, 2018

Banking Ties With Qatar Still Facing Hurdles

Monday, June 11, 2018

Banking Ties With Qatar Still Facing Hurdles

In spite of all efforts to boost economic ties with Qatar, Iran’s only active bank in the Arab nation, Bank Saderat, is still facing serious hurdles, according to its chief executive.
“We have made efforts to expand the two country’s relations in the banking sector, but working conditions between Qatari banks and Bank Saderat are not like the bank’s working conditions with Omani banks,” Hojjatollah Seyyedi also told IBENA.
At present, two Bank Saderat branches in Qatar are tasked with servicing the transactions of Iranian businessmen and exporters. Alongside Oman, Qatar has emerged as Iran’s main replacement for the UAE.


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.

Short URL : https://goo.gl/ufcG9K
  1. https://goo.gl/wJPt9K
  • https://goo.gl/C4eeER
  • https://goo.gl/vXok6E
  • https://goo.gl/3m3wkG
  • https://goo.gl/1Xr3Vt

You can also read ...

FAO Forecasts Iran’s Cereal Output to Rise 12% in 2018
Despite autumn dryness, crop conditions recovered in Iran and...
Iran's Summer Box-Office Revenues Exceed $5 Million
Iran’s box-office revenues exceeded 610 billion rials ($5.19...
Hot Autumn for Tehran Stocks
Tehran stocks rose solidly on Sunday, recording another all...
Mobile Internet Services Get Costlier in Iran
Major mobile operators MTN-Irancell and Mobile...
Iran Housing Market Bracing for Double-Dip Recession: Aug-Sep 2018 Report
New data show property deals in Iran are on a downward...
Iran Agrifood Exports Rise 27% to Record High of $2.6 Billion
Around 2.94 million tons of agricultural and food products...
Iran's Trade With Italy Tops $590m
Iran traded 389,963 tons of non-oil commodities worth $594.82...
SCI Puts Iran's YOY Inflation at 25.7%
The goods and services Consumer Price Index for the month...

Add new comment