Iran and Oman to establish ‘joint bank’
Central bank says new institution will help with financial settlement
The Central Bank of Iran announced on May 27 that it would establish what it describes as a “joint bank” with its Omani counterpart to facilitate financial settlements and monetary exchanges between the two countries.
The statement followed a visit by the Iranian central bank governor Mohammad Reza Farzin to the Omani capital Muscat.
The Iranian central bank said economic relations between Iran and Oman were centred around banking and finance, and the new bank’s activities would help to support
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