14
Jun
15:09
Austria's Oberbank withdraws from Iran capital goods financing
The impending re-imposition of economic sanctions on Iran is likely to spell an end to Oberbank’s provision of financing for the export to Iran of Austrian-origin capital goods.
The Austrian bank signed last September a framework credit agreement with Iran to provide this financing (see Kallanish passim), making it Europe’s first bank to sign such an agreement with Iran. The exports were to be covered by the Austrian Export Credit Agency 'Ös…
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Anonymous
Very good overview of the weekly steel market.
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