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LONDON, Aug 1 Asia Pulse - Credit Agricole Indosuez (CAI) has become the second major French bank to provide multi-source buyer credits with Iran's five largest banks worth up to US$ 1 billion for European exporters.
Michel Perrin, CAI international finance executive with responsibility for Iran and Turkey, said that "the interest of European companies is rising", in regard to the European Union's growing trade with Tehran.
"The financial situation of Iran today is exceptionally good. Oil receipts are rising and they are managing the economy better," he was quoted saying by the Financial Times Tuesday.
CAI announced ...