Export Development Bank of Iran
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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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$230m From NDFI for Development Projects
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…
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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-’…
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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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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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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…
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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…
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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…
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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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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,…
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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…
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$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…
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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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Framework Agreement Signed for S. Korean Finance
EghtesadOnline: The framework agreement for the previously agreed upon South Korean finance for Iranian projects has been signed between the heads of the Export Development Bank of Iran and the…
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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…
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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…
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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,…
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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…
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$500m Allocated to Promote Iran Non-Oil Exports
EghtesadOnline: As a part of a non-oil export promotion package, the National Development Fund of Iran has allocated $500 million to the Export Development Bank of Iran for distribution among…
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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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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…
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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 internatio…
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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…
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1st Iranian Internet Marketplace Goes Online
EghtesadOnline: The first Internet marketplace called Cheegel has been launched with the objective of indexing, introducing and exporting Iranian products, the CEO of the Export Development Bank…
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Hungary’s €85m Credit Line for Iran
EghtesadOnline: The Hungarian Export-Import Bank has allocated an €85 million credit line to the Export Development Bank of Iran to foster economic relations between the two countries, the Hungarian…
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Iran's Eximbank Opens Credit Lines for 3 Countries
EghtesadOnline: The Export Development Bank of Iran will soon grant credit lines to banks in South Korea, Turkey and Iraq, announced the bank's chief executive.
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Iranian bank links with 118 foreign partners post-JCPOA
EghtesadOnline: With the west-imposed sanctions lifted, Export Development Bank of Iran has established broker relations with over 118 banks worldwide, IRIB reported on Monday quoting managing…
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EDBI Dealing With 90 Int’l Banks
EghtesadOnline: The Export Development Bank of Iran has rekindled its dealings with 90 international banks after the country reached a nuclear accord with world powers last year, announced the…
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Cheaper Loans for Exporters
EghtesadOnline: The Export Development Bank of Iran is offering cheaper loans to creditworthy exporters, EDBI website reported on Saturday.