Global Business in Iran Database

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

Newsletter Signup
Critical Threats Quick Take List Signup
selected contractor

Iran-Venezuela Joint Bank

profile

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 http://www.google.com/hostednews/afp/article/ALeqM5iskmQ6xtdC4Ebzc799pWY...

  • Number of Major Projects: 1

Company Response

None provided.