Iran broke the 15-year spell of not obtaining any finance from European banks by signing major deals with Austrian and Danish banks to secure funding for its development projects. The contracts were signed in the Austrian capital of Vienna by an Iranian banking delegation which included representatives of 14 domestic banks headed by Mohammad Khazaei,…
Iran has managed to attract 7.2 billion dollars in finance from three foreign banks, the vice governor of the Central Bank of Iran (CBI) announced on Saturday. Gholamali Kamyab said attracting $10 billion of foreign finance has been defined as a project for the CBI in the area of Resistance Economy, Tasnim News Agency reported….
Swedish ministers have welcomed a proposal by Iranian President’s Chief of Staff Mohammad Nahavandian to open an account of the Central Bank of Iran (CBI) in Stockholm central bank. Nahavandian made the proposal to the Swedish Minister of Finance Magdalena Andersson and the Minister of EU Affairs and Trade Ann Linde in separating meetings in…
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) and Germany’s Berliner Handels- und Frankfurter Bank (BHF-Bank) have called for resumption of long-term bilateral cooperation. The Governor of BHF-Bank Hans- Günter Wiesenack said several opportunities exist for collaborations and the German bank seeks to strengthen monetary ties with Iran. He recalled barriers to deepening…
Three foreign banks are opening up representative offices in Iran as the country seeks to boost investment after reaching an international sanctions deal last year, a senior official with the Central Bank of Iran (CBI) said. Oman’s Bank Muscat SAOG, Woori Bank of South Korea and India’s UCO Bank Ltd. are all in the process…
