Iran And Austria To Expand Relations In Banking Sector

Originally published 14th June 2017

Iranian Banks have established banking ties with two leading banks in Austria which 22 of these banks have linked-up with Oberbank, a major bank in Austria, to expand economic and banking relations between Iran and Austria.

The governor of the Central Bank of Iran (CBI) announced 22 Iranian banks have linked-up with Oberbank, one of Austria's largest banks, to boost economic and banking ties between Iran and Austria. 

Following the CBI governor, Valiollah Seif, recent talks with an Austrian banking delegation in Tehran, he stated that both countries' central banks have now forged closer relations. He said that Iranian lenders also have delightful relations with Raiffeisen Bank which is a credible bank in the EU.