BAKU, Azerbaijan, June 18. The branch of the Bank Saderat Iran in Turkmenistan will soon provide a letter of credit to Turkmen entrepreneurs, Trend reports.
This was stated by a representative of the bank in Ashgabat at a meeting of business circles of the two countries.
The monetary document will allow entrepreneurs to receive financial support and expand their business, and will also contribute to increasing the volume of trade and investment between Turkmenistan and Iran.
The representative of the bank also noted that Saderat has been working in Turkmenistan for 30 years and provides local businessmen with letters of guarantee on payment, which enable the customer to defer payment for goods, works or services without violating the delivery period.