First Europe bank to open Iran office
Austria’s Raiffeisen Bank International (RBI) says it wants to open a branch in Tehran “as quickly as possible,” becoming the first foreign lender to set up shop in Iran after the lifting of sanctions. RBI is in “intensive talks” with Iranian banks as Tehran is rejoining the international banking system,…
US firms can do Iran business via EU
The recent lifting of the economic sanctions against Iran has already started a rush among international corporations to start to set their feet in the country’s vast consumer market of around 80 million. While the European enterprises may be the first to benefit from the opening of Iran’s doors to…
