Commerzbank  Eying Iran  Reentry
Economy, Business And Markets

Commerzbank Eying Iran Reentry

Commerzbank is reviewing the possibility of returning to Iran, less than a year after agreeing to pay $1.45 billion to settle sanctions violations tied to the country.”Commerzbank is monitoring the development very closely and is reviewing a possible adjustment of its business policy,” a spokesman of Germany’s second largest lender said on Monday, Reuters reported.

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