EDBI Issues Export Guarantees Worth $23m

EghtesadOnline: Export Development Bank of Iran issued export guarantees worth $23 million from the beginning of the current fiscal year that ends in March.

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Publish Date:09/February/2020 | 11:50

Capital Intelligence Affirms EDBI Ratings

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.

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Publish Date:08/August/2018 | 04:57

Russian Bank to Finance Iran-Bound Exports

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.

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Publish Date:06/August/2018 | 10:54

Eihbank Allocates €30m Credit Line to EDBI

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 .

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Publish Date:10/April/2018 | 07:01

Iran Eying Joint Bank to Promote Latin America Ties

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.

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Publish Date:06/February/2018 | 07:26

Iran Eximbank Offers Incentive Package for Elite Exporters

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.

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Publish Date:14/January/2018 | 09:43

Iran Exim Bank Tapping NDFI Resources

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.

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Publish Date:25/November/2017 | 11:34

EDBI Negotiating Russian, Chinese Credit Lines

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.

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Publish Date:04/November/2017 | 09:41

Banking Ties With Three African Nations

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.

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Publish Date:29/October/2017 | 24:28

Tehran, Accra to Expand Banking Ties

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.

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Publish Date:15/October/2017 | 10:56

$850m of Cheap Export Loans Approved

EghtesadOnline: The Export Development Bank of Iran and the National Development Fund of Iran have agreed to add another 10 trillion rials ($256.4 million) to the previous 23 trillion rials ($589.7 million) meant to empower specialized banks to allocate cheap loans to boost non-oil exports, EDBI’s head of Credit Department announced.

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Publish Date:03/October/2017 | 11:56

Top European banks to establish brokerage ties with Iran

EghtesadOnline: Top European banks are maintaining baking relations with their Iranian counterparts in the post-JCPOA era, the managing director of Export Development Bank of Iran said on Sunday.

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Publish Date:18/September/2017 | 14:04

EDBI Loans to Promote Exports

EghtesadOnline: The Export Development Bank of Iran —the EXIM Bank of Iran—is set to dole out loans worth 3 trillion rials ($78.7 million) through the National Development Fund of Iran, the country’s sovereign fund, to boost the export of industrial and mining products, the bank’s official website announced.

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Publish Date:15/August/2017 | 14:40

EDBI Loans Double

EghtesadOnline: The total amount of loans allocated by the Export Development Bank of Iran —the country’s Exim bank—in the last two years has almost doubled, the director of EDBI’s Marketing Department announced during a meeting with businesspeople from Mazandaran Province.

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Publish Date:13/August/2017 | 24:38

EDBI Post-Sanctions Correspondent Ties Hit 120

EghtesadOnline: The Export Development Bank of Iran , the country’s exim bank, established a total of 120 correspondent relations with foreign banks in the previous fiscal year to March 20, 2017, the bank’s chief executive said.

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Publish Date:29/July/2017 | 11:51

Forex Futures Market Underscored

EghtesadOnline: In order to protect businesses against foreign exchange fluctuations and promote a relative stability in the forex market, the establishment of a currency futures market can be a good solution, the CEO of the Export Development Bank of Iran said.

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Publish Date:25/July/2017 | 08:35

Ways to Lower Bank Rates

EghtesadOnline: Bank fees and their forex income should be increased to lower the interest rates in the banking sector, the CEO of Export Development Bank of Iran said.

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Publish Date:10/July/2017 | 07:21

EDBI Ready to Support Petrochem Projects

EghtesadOnline: The Iranian petrochemical industry has the capacity to receive significant new investments from banks, the chief executive of the Export Development Bank of Iran said, adding that his bank is ready to support the industry.

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Publish Date:29/May/2017 | 07:09

EDBI Restoring Ties With Foreign Banks

EghtesadOnline: The Export Development Bank of Iran – the country’s Eximbank– has opened 30 accounts in major foreign banks besides having established 120 correspondent relations with major international banks, the bank CEO said.

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Publish Date:15/May/2017 | 09:12

EDBI Correspondent Relations Reach 119

EghtesadOnline: After the implementation of the Joint Comprehensive Plan of Action, the Export Development Bank of Iran secured correspondent relations with 119 foreign banks, said the bank’s CEO.

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Publish Date:15/March/2017 | 13:13