Posts Tagged ‘oberbank’

Austria’s Oberbank puts its deal with Iran ‘on hold’ over Trump

Tasnim – Oberbank, Austria’s seventh-largest bank, has put projects “on hold” due to the uncertainties surrounding the 2015 nuclear deal between Tehran and world powers, a report said. In a presentation to shareholders by Oberbank CEO Franz Gasselsberger, said the financing of projects in Iran remains “on hold” because the current US policy “complicates the […]

Oberbank set to finance Austrian projects in Iran with new deal

Reuters – Austria’s Oberbank will sign a deal with Iran this month enabling it to finance new ventures there, its chief executive said, among the first European lenders to do so since sanctions were eased. The deal Tehran struck in 2015 with six major powers lifted many sanctions in exchange for restrictions on its nuclear […]

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