Free Republic 3rd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $5,920
7%  
Woo hoo!! And we're now over 7%!! Thank you all very much!! God bless.

Keyword: parsianbank

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  • PARSIAN BANK of IRAN OBTAINS US$30 MLN LINE of CREDIT (from Germany's 'Hermes' insurance)

    12/13/2005 7:12:12 PM PST · by nuconvert · 3 replies · 496+ views
    IRNA ^ | December 14, 2005
    PARSIAN BANK of IRAN OBTAINS US$30 MLN LINE of CREDIT December 14, 2005 TEHRAN, Dec 14 Asia Pulse - The Parsian Bank of Iran was the first of its in the country to obtain on Monday a 25 million euro (US$30 million) line of credit from Germany's 'Hermes' insurance. Parsian can now use financing from first-rate European banks up to a ceiling of 25 million euros, its public relations department said Monday. It has also obtained a medium and long-term financing line from a German bank for 100 million euros with the guarantee by Iran's economy and finance ministry. In...