SearchIran’s Bank Melli says German branch ‘not disconnected’

Iran’s Bank Melli says German branch ‘not disconnected’ ...
presstv.com 26/11/2018 Internet-IT

Keywords:#Bank_Melli, #Britain, #Deutsche, #Donald_Trump, #EU, #European, #European_Union, #France, #German, #Germany, #Hamburg, #Iran, #News, #President, #Presstv.com, #Trump, #US


Iran’s largest commercial lender, Bank Melli, has rejected reports that its branch in Germany’s Hamburg has become disconnected from phone and internet services as a result of US sanctions.
Iran’s largest commercial lender, Bank Melli, has rejected reports that its branch in Germany’s Hamburg has become disconnected from phone and internet services as a result of US sanctions.

* * * Bank Melli announced in a statement as reported by the domestic media that all of its overseas branches remained connected to phone and internet services.
The announcement followed a recent report by Germany’s business newspaper Handelsblatt that Germany's part state-owned telecom provider Deutsche Telekom had cut off Bank Melli's Hamburg office.
Handelsblatt quoted Deutsche Telekom as sending Bank Melli a message, saying: "We have to assume that you can no longer make any payments" for telecom services.
The administration of US President Donald Trump launched the second wave of sanctions against Iran from November 5.
The sanctions target Iran’s oil sales, its wider energy industry, shipping, banking, insurance and so on.
Iran has repeatedly said the sanctions would fail to achieve the announced targets, specifically bringing Iran’s oil exports to zero, as declared by US officials.

Meanwhile, the European Union is trying to create a mechanism to maintain banking channels with Iran in face of US sanctions.
Diplomats already announced that the main EU powers – Germany, France and Britain – were trying to push ahead a plan to create a Special Purpose Vehicle (SPV) through which banking transactions with Iran could be carried out.
The Handelsblatt article did not quote Deutsche Telekom as explicitly citing US sanctions as the reason for the cutoff of services to Bank Melli.
In an editorial published Friday, Handelsblatt criticized the Deutsche Telekom move as "cynical." It also accused the German government and central bank of "doing nothing" to ensure that Bank Melli can make legal payments to German institutions.
"Where is the help for German companies? Where is the defense of Germany's sovereignty?" the German publication asked according to a report by VOA News.
--- ---
...

Read more from Source »

Related articles based on keyword density
Middle East - Security Council debates ending UN sanctions on Iran - ...
france24.com 13/03/2015 News
Major world powers have begun talks about a UN Security Council resolution to lift UN sanctions on Iran if a nuclear agreement is struck with Tehran, ...View Details»

GLOBAL TOP 1000 WEBSITES 2016 – Ratak IT...
ratak.ir 16/03/2017 News
Ratak introduces global Top Websites of 2016 Data for table Top201702 1 1host2u.ir 1host2u.ir,Abarkooh,Armenia,Bahram 2,Bahram 3,Britain,Caesar,Carus,...View Details»

ISIS: The Spoils of the "Great Loot" in the Middle East - FPIF...
fpif.org 02/07/2014 Politics
Adding yet more warfare to the current crisis in the Middle East will perpetuate exactly what the imperial powers set out to do: tear an entire region...View Details»

Iran and 6 Powers Agree on Terms for Nuclear Talks ...
nytimes.com 21/02/2014 Politics
By STEVEN ERLANGERFEB. 20, 2014 VIENNA — In what officials described as a serious, workmanlike and conversational atmosphere, Iran and six world powe...View Details»

IRAN NUCLEAR TALKS STUMBLE, EXTENDED UNTIL JULY ...
hosted.ap.org 24/11/2014 News
BY MATTHEW LEE AND GEORGE JAHN ASSOCIATED PRESS VIENNA (AP) -- Still facing significant differences between the U.S. and Iran, negotiators gave up on...View Details»


EOF