Iranian-European Bank (German: Europäisch-Iranische Handelsbank AG; Persian: بانک تجارتی ایران و اروپا, Bank Tejareti-ye Iran vâ Erupa) is a German bank founded in 1971.
[2] The European-Iranian Commercial Bank is a German joint stock company.
[4] In 2018, before the US pulled out of the Iran deal and reinstated their sanctions, German tabloid Bild obtained information about plans to fly out €300 million ($350 million) in cash.
[5] Iran subsequently canceled their request for the German financial authority BaFin to release that money held by the European-Iranian Trade Bank.
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