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, National Iranian, and the Bank of Industry and Mine.

Also on Thursday, Iranian banks signed a major contract with Austria’s Oberbank.

(Source: Central Bank of Iran)

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