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Bank Melli Iran signs finance agreement with South Korean Exim Bank

The Managing Director of the Bank Melli Iran announced that the bank, along with 11 other Iranian banks, signed a contract worth 8 billion euros with the South Korean Exim Bank.
(SHADA: TEHRAN) -- According to the contract, various economic projects of the country will receive long-term foreign exchange facilities at a very reasonable cost, Mohammad Reza Hosseinzadeh said.

The Bank Melli Iran, as the most experienced Iranian bank in the field of financial contracts, is ready to review the agency of projects submitted by the applicants, he added.