Apr 13, 2016, 2:01 PM

Iran-Italy banking ties enters new phase

Iran-Italy banking ties enters new phase

TEHRAN, Apr. 13 (MNA) – A meeting of Iranian and Italian bankers, while emphasizing the boosting of banking cooperation between the two countries, reported on launching bilateral broker relations.

Speaking at the session, Governor of Iran’s Central Banks Valiollah Seif stressed promotion of Iran-Italy trade relation by strengthening banking cooperation; “Italy is eager to expand ties with Iran as great efforts have been made in this regard.”

CBI governor expressed hope for a bright future in cooperation between the two countries asserting “fortunately, the visit to Italy of Iranian president has brought about good achievements necessitating further bolstering of banking ties.”

“Fruitful negotiations were held with Central Bank of Italy Governor Ignazio Visco during the trip to the European country,” highlighted the official adding “currently, draft of an MoU for bilateral collaborations has been prepared which will be signed on the sidelines of the annual Meetings of the International Monetary Fund (IMF).”

Seif urged Italian bankers to foster the taken positive measures in areas of banking cooperation by pursuing objectives in continuous meetings of both countries’ bankers.

Italo Pellegrino, who serves as Deputy General Manager of Italy’s Mediobanca, for his part, emphasized the positive outcomes of the visit to Iran made by Italian bankers in last November reiterating “the Italian prime minister traveled to Iran to strengthen economic and banking relations and we take the opportunity to express our commitment to these objectives.”

He highlighted Italy’s determination to enhance banking ties between the two countries adding “we reside in an important historical moment and we are pleased to a part of the great event; therefore, we will put greater effort to further improve relations.”

Also at the meeting, UniCredit Executive Vice President Scognamiglio Giuseppe touched upon the Italian bank’s relations with Iran saying “we are conducting talks with Iranian trade banks while the negotiations will yield results by the end of April.”

 

HA/3597439

 

News ID 115794

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