Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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Iran-Venezuela Joint Bank


The Iran-Venezuela Joint Bank is headquartered in Tehran.  The Bank, a pet project of Mahmoud Ahmedinejad and Hugo Chavez, began with an initial capital base of $200 million, rising to $1.2 billion by the end of 2009. 


"Iran, Venezuela launch joint development bank," AFP, 3 April 2009, Available at

  • Number of Major Projects: 1

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