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Joint Banking Meeting With Germany
Economy, Business And Markets

Joint Banking Meeting With Germany

Iran and Germany are planning to hold a joint banking meeting for the first time in September, said Governor of the Central Bank of Iran Valiollah Seif on Tuesday. The summit, which is set to be held in Tehran, will be attended by representatives of European-Iranian Handelsbank (EIHB) as well as Iranian banks, Melli, Mellat and Industry and Mine, among others. Germany has been the most reliable business partner of Iran, said the CBI governor during his meeting with visiting German Vice Chancellor Sigmar Gabriel. “Iran is eager to resume economic relations with Germany, a move that would help Bank Sepah, Bank Melli and Bank Saderat resume cooperation with German lenders,” IRNA quoted him as saying. Gabriel said as sanctions against Iran are to be lifted in a matter of months, German companies are preparing to enter the untapped Iranian market, hoping that bilateral banking ties would resume as soon as possible.

 

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