Three Iranian Banks to Open Branches in Germany

April 28, 2018

Publication: 

Iran Daily

Related Country: 

  • Germany

Iran’s ambassador to Germany, Ali Majedi, announced that three Iranian banks, Middle East Bank, Saman Bank, and Sina Bank, are planning to establish branches in Germany to facilitate increased trade with Europe. Middle East Bank and Saman Bank will open branches in Hamburg and Frankfurt, respectively. Sina Bank has not decided on a location. The announcement was made at the Sixth Iran-Europe Banking and Business Forum, held in Tehran.