Iranian banks can open branches in Russia

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Iranian officials recommended two Iranian banks to open representative offices and branches in Russia to identify investment opportunities in the country. This was reported by the ISNA agency, citing Mohsen Karimi, Deputy Governor of the Central Bank of Iran. TASS.

“We have consulted two banks. <…> Open representative offices and then branches to identify commercial and economic investment opportunities in Russia.

According to the agency, the decision was taken after the opening of VTB Bank’s first representative office in Iran on May 17. The vice president of the Iranian regulator praised this step and described it as a good start to expand economic cooperation between Iran and Russia.

Former press secretary of Russian President Dmitry Peskov declarationHe said the United States will continue to put pressure on Russia and Iran, but both countries are adapting and will continue to improve cooperation with each other.

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