Development Bank of Iran
The Export Development Bank of Iran was founded
in 1991 and eversince its short inception has
successfully managed to establish itself as the
sole specialised "Exim-Bank" in the
country. At present the established branches of
the mentioned bank are fully active in nine large
industrial cities of the country. More importantly,
the domestic manufacturing and exporting potentialities
could now gain access to foreign markets due to
the bank's vital available financial aids and
bank's main transactions:
• Granting financial and credit-orientated aids
(to exporters) for purchasing, processing, and
other relevant expenses prior to exportation.
• Providing necessary finances for purchasing
"industrial capital goods.
• Providing the exporters with financial sources
in order to import raw materials and the needed
• Issuing warranty documents / surety bond for
the exporting companies.
• Reinforcing the financial sources of road and
sea transport fleet.
• Cooperation in establishing goods processing-orientated
• Cooperation on the export-related projects,
within country's different free zones.
• Undertaking, inspection, evaluation and approval
of "buy back contracts."
credit-orientated contracts signed with other
• Granting credit to Turkeministan's Foreign Economy
• To purchase Iranian goods worth US$ 50 million.
• Signing a bilateral credit-orientated contract
with Libya amounting to US$ 20 million.
• Taking necessary measures to sign a bilateral
credit-orientated contract with Pakistan worth
US$ 50 million.
Establishing and expanding banking
transactions with foreign banks
• Credit Swiss (Zurich)
• Commerz and Deutche Banks (Germany)
• Midland and Standard Charters (England)
• O-Tokyo (Japan)
• Commercial Bank (Italy)
• Doha Bank (Qatar)
• Pamouk Bank (Turkey)
Along with active participation
in numerous international Conferences and Fairs
the Export Development Bank, as the designated
agent of the Islamic Development Bank, has also
managed to achieve remarkable success in Long-Term
Trade Financial Fund "LTTF." The fund
was initially established with the ultimate goal
of promoting commerce amongst the member states
of "the Organisation of Islamic Conference,"