CBI Chief : Iran vows to switch bank accounts to Oman

IRNA – CBI Governor Valiollah Seif on Saturday welcomed active presence of Omani banks in the Islamic Republic of Iran and said Iran is ready to switch bank accounts/cards to Oman to ease transactions between the two side’s businessmen.

The CBI governor made the remarks in a meeting with Omani Minister Responsible for Foreign Affairs Minister Yusuf bin Alawi bin Abdullah and Deputy Chairman of Oman’s central bank in Tehran on Saturday.

Expansion of banking cooperation helps bolster and broaden political and economic relations between the two countries, Seif said.

Political ties between the two countries are very deeply rooted and it is expected to develop in line with economic relations between the two sides, he said.

Banking cooperation ease expansion of economic relations and both sides officials are determined to attain the goal in order to play a much more active role in the central Asian markets as well as Persian Gulf littoral states, Seif said.

An open market to over 400 million customers requires active role, he said, adding that Oman is capable of re-exports and the role of banks to this end will be of prime importance.

Recently banks in Oman have welcomed bank guarantees issued by Iranian banks, Seif said.

Prospect of banking cooperation between Iran and Oman is very promising, he added.

Oman’s minister responsible for foreign affairs and his entourage arrived in Tehran on Friday to confer with his Iranian counterpart on issues of mutual interests along with regional developments, he said.