Economy, Business And Markets
1

CBI: Oberbank Finance Deal Still Valid

Oberbank in mid-September became the first European bank to clinch a finance agreement with Iranian lenders following the implementation of the nuclear deal. Oberbank in mid-September became the first European bank to clinch a finance agreement with Iranian lenders following the implementation of the nuclear deal.

The Central Bank of Iran announced that its finance deal with Austria's Oberbank has not been halted after a report suggesting otherwise emerged in the past few days.
"As Austria's ambassador to Tehran announced, Austria's Oberbank and the country itself have had no policy changes in having financial relations with Iran, and cooperation is continuing," Mohammad Ali Karimi, director of CBI's public relations, told IRIB.
"We have introduced projects to Oberbank based on our agreement and the process of their finance is ongoing and there are no problems in this regard," he added.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Comments

Environmental issues in Iran should be covered by your news service. They are if great importance.

Add new comment

Financialtribune.com