By John Lee.
Iran’s private banks have reportedly laid the groundwork for setting up a joint bank with their counterparts in Iraq.
Yahya Al-e Es’haq [Yahya Ale-Ishaq] (pictured), head of Iran-Iraq Chamber of Commerce, is quoted as saying that the bank would operate under the regulations of central banks of the two countries to facilitate money transfer.
(Source: Xinhua)
(Picture Credit: Tasnim, under Creative Commons licence)


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