Afghan Banks to Open Branches in Chabahar Port

Iran has approved two Afghan banks to open branches in its southeastern strategic port of Chabahar, ILNA reported quoting the Secretary General of Iran-Afghanistan Joint Chamber of Commerce Mozafar Alikhani.
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There are strong economic ties between the two countries in terms of cultural, linguistic and historical commonalities, and many of Afghan traders are familiar with the patterns of trade and consumption in Iran, he said.

Mentioning the banking relations between the two countries, the official said: “The Central Bank of Afghanistan had earlier canceled Aryan Bank’s license for activity in that country, but the bank has been re-licensed and is preparing to start operations in the near future.”

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Latest from Newsfeed; Saturday, February 22 2020