The manager of Bank Melli Iran (BMI) branch in Hamburg said a regional court has voted in favor of the bank, requiring Deutsche Telekom to reactivate services for Iranian bank branches in Germany.
Speaking to IRIB News, Mehran Dehghan said the court decided in favor of the BMI in the final hearing, rejecting an appeal by Deutsche Telekom.
"The ruling will be announced next week," Dehghan said.
Based on the verdict the German telecom giant is required to also offer services to other Iranian companies in that country.
October 15, 2022 19:35
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Hamburg Court Rules in Favor of Bank Melli
BMI brought up the case in 2018 after Germany's partly state-owned telecom provider suspended BMI’s Hamburg office, under the assumption that it could no longer make payments due to the US economic sanctions
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