EghtesadOnline: The new head of INSTEX, Michael Bock, who was in Tehran this week, says some small European banks are willing to join the barter trade mechanism.
EghtesadOnline: Financial Manager of German Company KPMG Ulrich von Zanthier said the European banks are eager to maintain cooperation with Iran.
EghtesadOnline: In what were the first finance deals clinched with cautious European banks after the implementation of the nuclear accord provided sanctions relief in January 2016, Iran signed two agreements worth a total of €1.5 billion ($1.8 billion) with Austria's Oberbank and Denmark's Danske Bank on Thursday.
EghtesadOnline: Top European banks are maintaining baking relations with their Iranian counterparts in the post-JCPOA era, the managing director of Export Development Bank of Iran said on Sunday.
EghtesadOnline: MTN Group Ltd., the South African wireless carrier that’s been trying to repatriate the equivalent of $1 billion from Iran, has managed to extract several hundred million dollars from the country with the help of European banks, according to people familiar with the matter.
EghtesadOnline: The United States has promised not to punish European banks that facilitate transactions with Iran, Iranian Foreign Minister Mohammad Javad Zarif said.
EghtesadOnline: Deputy Minister of Petroleum for International Affairs and Trading, Amir-Hossein Zamaninia, said on Sunday that Iran has no difficulty to receive petrodollars through the Central Bank.