Tag Archives | Coface

Western Insurers Target Iran

By John Lee. Reuters reports that Iran is in active talks with insurers to provide cover in a market valued at $9 billion last year, and potentially double that in the next decade. This is despite the fact that Iran has secured ties with only a limited number of smaller banks as U.S. sanctions remain […]

Iran to Boost Banking and Economic Ties with Germany

In a meeting with a delegation of German bankers, Komijani, the Vice Governor of the Central Bank of Iran (CBI) asked for improving Banking and economic co operations between Iran and Germany. He assured Iran abides by its commitment under the agreement with the P 5 + 1. According to the CBI PR department, Komijani […]

CBI, Coface reach agreement on settling debts

By John Lee. The Central Bank of Iran (CBI) has reached an agreement with French export credit agency Coface to settle Coface’s debts to Iran. According to Mehr News Agency (MNA), the debts date from the imposition of sanctions on Iran. The agreement paves the way for the the restoration of business between the two […]