Tag Archives | Parsian Bank

Austria Signs Major Finance Deal with Iran

Austria’s Oberbank has signed a credit deal with Tehran to boost exports to Iran, the first European lender to do so since anti-Tehran sanctions were lifted following the 2015 nuclear deal between the Islamic Republic and world powers. Oberbank said the framework agreement will finance Austrian investment projects in Iran’s infrastructure, healthcare and plant construction […]

Iran Signs €500m Deal with Danske Bank

By John Lee. Danske Bank has signed a €500-million finance deal with a group of Iranian banks. Under the agreement, the Danish bank will allocate resources to finance construction and production projects of the private and public sector in Iran. The Iranian banks involved include: Bank Mellat, Bank Pasargad, Bank Sepah, Parsian Bank, Saman Bank, […]

Iran, China Ink $10bn Finance Deal

The CITIC Trust, a major Chinese investment company, signed an agreement with five Iranian banks to open a $10bln line of credit to support construction projects in the Islamic Republic. The agreement was signed between the representatives of CITIC Trust and a consortium of Iranian banks at CITIC Group headquarters in Beijing on Thursday. The […]