Iran Oberbank

EghtesadOnline: The chief executive of Oberbank–whose bank this week became the first major European bank to clinch a finance agreement with Iranian lenders–said the landmark deal can act as catalyst for similar contracts by Europeans to open their way into the Middle Eastern country.

EghtesadOnline: The Central Bank of Iran announced that its finance deal with Austria's Oberbank has not been halted after a report suggesting otherwise emerged in the past few days.