Coinciding with the visit of South Korean President to Iran, the first representative office of the South Korean Woori Bank was opened with the presence of Mr. Kamyab, the vice-governor for Foreign Exchange Affairs in the Central Bank of Iran (CBI).
This is the first time that a South Korean bank has opened an office in Iran.
Mr. Kamyab said:
“Iran and South Korea have an extended historical bond and there are a lot of cultural similarities.
“With sanctions lifted, certainly more steps will be taken in order to develop more partnerships.”