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News ID: 12437
Iran » Iran
Publish Date: 9:28 - 27 August 2017
TEHRAN, August 27, YJC - Austrian daily Der Standard published an interview with Franz Gasselsberger, the CEO of Austria’s Oberbank, who says business with Iran is lucrative for Austria.

Oberbank CEO says enormous interest for Austrians contracting in Iran

TEHRAN, Young Journalists Club (YJC) - ‘Oberbank proposes financial bridge to Iran,’ this is the heading for an entry in Austrian national daily Der Standard on Friday under which is given an interview with Franz Gasselsberger, the CEO of Austria’s Oberbank.

He told the paper that the framework reached for the contracts of financing projects in Iran has been concluded as positive by the Austrian bank and he believes that "The interest is enormous."

Gasselsberger says that the framework funds contracts in the fields of infrastructure, plant construction, photovoltaics and health, guaranteed by the cover of the Oesterreichische Kontrollbank (OeKB).

Gasselsberger, the Chairman of the Management Board and the Chief Executive Officer of Austria’s Oberbank AG Linz, visited Tehran at the head of a senior economy and trade delegation accompanied by Josef Pühringer, the Governor of Upper Austria, early in March this year.

During this trip he met with ranking Iranian financial officials including the senior officials of Iran’s Central Bank; Akbar Komijani, the Deputy Governor, and Gholamali Kamyab, the Vice Governor for Foreign Exchange Affairs.

Then, Gasselsberger described the banking cooperation between the two countries as positive, “based on the agreements made between the two countries, good relations have been established and now we are in communication with 21 Iranian banks.”

He held that Oberbank is the only Austrian bank directly interacting and transacting with Iranian banks. “Austrian companies are interested in developing cooperation with Iran and currently concerted talks are being held to broker new financial deals.” Gasselsberger voiced hope that the new contracts give the other businessmen and traders the reassurance to expand their endeavors.

Source: MNA

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