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Iran-Venezuela Bi-National Bank (Persian: بانک مشترک ایران و ونزوئلا, Bank Moshtarek-e Iran vâ Vânuzuilâ, Spanish: Banco Binacional Irán-Venezuela) is an international financial institution that was founded in 2010 with an aim to develop commercial ties between Iran and Venezuela.
Bank Melli Iran (aka National Bank of Iran), with nearly $9 billion, had the biggest debt followed by Bank Sepah, Iran's oldest, with about $4.8 billion. Bank Maskan, Bank Keshavarzi, Bank of Industry and Mines and the Export Development Bank of Iran were next with the respective debts of $4.7, $4.1, $3.5 and $1.1 billion.
According to the statute of bank, the National Bank of Iran was recognized as joint-stock company with legal personality; it was considered to be subject to commercial laws. The initial capital of the bank was 20 million Rials, of which only 8 million were paid. At present, it is 187 trillion Rials with an increase in 2016. [citation needed]
The Central Bank of the Islamic Republic of Iran (CBI; Persian: بانک مرکزی جمهوری اسلامی ايران, romanized: Bank Markazi-ye Jomhuri-ye Eslāmi-ye Irān; SWIFT Code: BMJIIRTH), also known as Bank Markazi, was established under the Iranian Banking and Monetary Act in 1960, it serves as the banker to the Iranian government and has the exclusive right of issuing banknote ...
In addition to being the second bank to fail in 2024, the failure of The First National Bank of Lindsay marks the seventh time a federally-insured bank has failed going back to 2021.
Portraits of slain "Axis of Resistance" stalwarts on a building in Tabriz, Iran on Oct. 17, 2024. From right, Islamic Revolutionary Guard Corps Quds Force commander Qasem Soleimani, who was killed ...
The bill called on the United States to use all elements of national power to counter Iran's growing presence and hostile activity in the Western Hemisphere. Then, on February 2, Representative Ileana Ros-Lehtinen (R-FL) convened a Committee on Foreign Affairs hearing on Iranian activity in the Western Hemisphere. [ 61 ]
(Reuters) -The Biden administration is concerned that a weakened Iran could build a nuclear weapon, White House National Security Adviser Jake Sullivan said on Sunday, adding that he was briefing ...