BELARUS NEWS AND ANALYSIS

DATE:

28/11/2009

Iran, Belarus sign banking cooperation deals

The central banks of Iran and Belarus have signed three cooperation deals in an effort to increase economic interaction.

The governor of the Central Bank of Iran, Mahmoud Bahmani, says the agreements would pave the way for Tehran and Minsk to do trade with their own currencies, hold training workshops and connect together their automated teller machines (ATMs).

Bahmani says the Islamic Republic also agreed to open a 50-million-euro credit line for Iranians to invest in Belarus and mint coins for the eastern European country.

Bilateral talks related to two Iranian banks registered in Belarus, banking supervision, money laundering and other issues.

The National Bank of Belarus registered Iranian banks the 'Onerbank' and 'Trading Capital Bank (TC Bank)' respectively in October 2009 and December 2008.

Source:

http://www.presstv.ir/detail.aspx?id=112363§ionid=351020102

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