Iran-Venezuela Bi-National Bank

Iran-Venezuela Bi-National Bank (Persian: بانک مشترک ایران و ونزوئلا, Bank Mishiterk-e Iran vâ Vânuzuilâ, Spanish: Banco Binacional Irán-Venezuela) is an international financial institution that was founded in 2010 with an aim to develop commercial ties between Iran and Venezuela.It started as a joint venture between two state-owned banks, Banco Industrial de Venezuela and Export Development Bank of Iran with a starting capital of $200 million offered equally by both parties.
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