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Iran attracts $7.2bn finance from 3 foreign banks

11 Jan 2017

TEHRAN, Jan. 08 (MNA) – CBI deputy governor has reported on attraction of financial resources worth 7.2 billion dollars through three international banks.

Deputy Governor of the Central Bank of Iran (CBI) for Foreign Exchange Affairs Gholamali Kamyab, while pointing to foreign exchange projects pursued by CBI in the field of Resistance Economy, said attraction of 10 billion dollars of external resources remained as one objective defined by the central bank in the area of Resistance Economy.

“Measures taken by CBI in this regard include extensive negotiations with some foreign banks like Export-Import Bank of China (China Eximbank), the Italian Mediobank as well as Danske Bank of Denmark,” noted the official.

Kamyab went on to reiterate that the finance attraction process was 72 per cent through thanks to the steps taken by Central Bank of Iran.

The official maintained that very many of sealed contracts would become operational in the current Christian calendar year estimating that the figure for foreign finance supply would exceed the target level of 10 billion dollars.

Following implementation of the Joint Comprehensive Plan of Action in January 2016, several resolutions for reinvigoration of Iran’s relations with word countries in various arenas including attraction of international finance for execution of Iranian projects.

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