EghtesadOnline: The National Development Fund of Iran, the country’s sovereign wealth fund, has signed a contract with the Export Development Bank of Iran to augment development projects worth $230 million.
EghtesadOnline: Capital Intelligence Ratings, the international credit rating agency, announced that it has affirmed the Financial Strength Rating of the Export Development Bank of Iran at ‘BB-’ with a negative outlook.
EghtesadOnline: The Export Development Bank of Iran has signed a deal with Moscow’s Mir Business Bank to finance the import of essential goods from Russia.
EghtesadOnline: Following the signing of a short-term refinance deal, the Europaisch-Iranische Handelsbank AG has allocated a €30 million credit line to the Export Development Bank of Iran.
EghtesadOnline: Iran intends to establish a joint bank to promote trade ties with Latin America by repurposing its only bi-national bank with that of another country from the region, the chief executive of Export Development Bank of Iran said.
EghtesadOnline: The Export Development Bank of Iran has devised a package of incentives to support major exporters, entrepreneurs and manufacturers, the bank’s director for branch affairs and marketing announced.
EghtesadOnline: Export Development Bank of Iran–the country's exim bank–is to integrate its resources with funds from the country's sovereign wealth fund to allocate them as loans to Iranian exporters, EDBI’s chief executive announced.
EghtesadOnline: The Export Development Bank of Iran announced that in addition to the previously agreed credit lines, his bank is negotiating new ones with a Russian lender and two Chinese banks.
EghtesadOnline: The trip of Iran’s Foreign Minister Mohammad Javad Zarif to Africa also bore banking fruits, as Iran will be able to establish correspondent banking relations with South Africa, Uganda and Niger in the foreseeable future, the chief executive of the Export Development Bank of Iran said.
EghtesadOnline: 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.