CEO of Tose'e Ta'avon Bank, Hojatollah Mahdian, said this bank could carry out brokerage relationship with 19 banks in 12 Asian and European countries, plus it expanded its foreign exchange transactions.
He touched upon the importance of investment in Iran in post-sanction era, underlining the government's move to reduce interest rate will lead to more investment in the country.
According to a report revealed in May, Tose'e Ta'avon Bank was among 20 Iranian banks could transfer money to Italian bank ,Populare di Sondrio, directly.
Also Tose'e Ta'avon Bank under a plan which is made up 120 thousand billion rials ($3.313 bn) gives low-interest rate loan to rural and deprived areas residents to incourage them to start new developmental projects.
