Tag Archives | Raiffeisen Bank

Major Austrian Banks to Open Branches in Iran

The head of the Chamber of Commerce of Austria’s Vorarlberg region said major Austrian banks plan to open branches in Tehran following the removal of anti-Tehran sanctions. Key banks such as Bank Austria and Raiffeisen Bank International would be specifically interested in cooperating with their Iranian partners, Helmut Steurer said. Stressing that there is a […]

Austria’s OeKB Increases Iran Trade Financing

By John Lee. The Central Bank of Iran (CBI) says Austrian export credit agency OeKB has raised its cover for Iran transactions from 280 million euros to 1 billion euros. The announcement by Austrian Minister for Finance Hans Jörg Schelling (pictured) came during a meeting with CBI Governor Valiollah Seif in Vienna. Schelling said his […]

Austrian Bank in ‘Intensive Talks’ with Iranian Banks

By John Lee. Austria’s Raiffeisen Bank has said it is in ‘intensive talks’ with Iranian banks. In an interview with Austrian newspaper Wirtschaftsblatt, board member Peter Lennkh (pictured) added that the bank wants to reopen its office in Tehran as soon as possible, but said Iran must first rejoin SWIFT, the international payment system, which […]