Financial and Banking News
NMB Postbank Offers $107mn in Credits to Iran
The Dutch bank NMB Postbank has offered Iran export credits worth 200mnGuilders ($107mn). The bank will pay Dutch companies for exports to Iran,pending payment by a syndicate of Iranian banks, which will collect the moneyfrom Dutch importers. In 1990, Dutch trade exports to Iran totaled 936mnGuilders ($500mn). In the late 1980s Holland tended to be about the ninth ortenth biggest...