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Export
Development Bank of
Iran (EDBI) was established on 10th July 1991, with a
paid-up capital of Rls 50 billion, in order to
provide the necessary possibilities for the
expansion of non-oil export and encourage economic
and commercial interchanges with the other
countries.
 An investigation into the
commercial status of the countries having healthy
position in international trade and commerce, leads
us to the fact that an important factor in their
success is the proper utilization of the necessary
instruments and mechanisms in order to secure
financial means for the expansion of exports.
Without the valuable contribution of specialized
institutions carrying out such duties, those
countries would not have been so successful in
international arena.
The Third Five-Year Economic, Social
and Cultural Development Plan of the country, laid
a great stress on the expansion of non-oil exports
and introduced it as an important factor for Iran'
economic growth.
Thus the active presence of the Export Development Bank of Iran
in international markets became
necessary.
Accordingly, this Bank has tried to offer
fast, efficient and reliable services and a
comprehensive range of export financing programs
to both exporters and foreign buyers of Iranian
goods and services.
Today Export
Development Bank of Iran has achieved its
objectives in increasing the number of the
institutions utilizing the services of this Bank.
In this direction, the Export
Development Bank of Iran, promotes the
non-oil exports, securing the foreign exchange
necessities of the Third Five-Year Economic,
Social and Cultural Development Plan of the
Islamic Republic of Iran.
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A
powerful and devastating earthquake
hit the city of Bam in the early hours of Friday 26 December
2003 in southeastern Iran in the Kerman province 
