14 Apr 2025
Monday 22 April 2019 - 13:27
Story Code : 346025

China�s Bank of Kunlun to continue coop. with Iran

MNA � China�s Bank of Kunlun on Monday announced that it will continue cooperation with non-sanctioned Iranian banks for transactions and also payments related to non-sanctioned goods.

For this purpose, Central Bank of the Islamic Republic of Iran (CBI) expounded on the latest situation of banking cooperation between Iranian banks and China�s Kunlun Bank.

The CBI�s statement released on Monday notes that, �following the recent negotiations made with chief executives of China�s Kunlun Bank, no change has been made to the policies of the Chinese bank regarding transactions of non-sanctioned goods with non-sanctioned Iranian banks."

The CBI statement went on to add that senior officials of China�s Kunlun have announced that they will continue their cooperation with non-sanctioned Iranian banks for transactions as well as payments related to non-sanctioned goods and products.

 
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