VOL. XL
No. 28
14-July-1997
IRAN
Société Générale And Iran In New Trade Financing Deals
Société Générale of France announced last week that in June it had signed amedium-term $500mn trade financing agreement with five Iranian state-owned commercialbanks Bank Mellat, Bank Melli Iran, Bank Saderat Iran, Bank Sepah and Bank Tejarat.Société Générale said in a statement that "this agreement allows the setting upof loans insured by Coface [the French export credit agency] for a period of up to 10...
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