French state bank BPI to fund projects in Iran, CEO tells paper
PARIS, Sept 24 (Reuters) - Bpifrance, the country’s state investment bank, will finance investment projects of French companies in Iran from 2018, granting up to 500 million euros ($598 million) in annual credits, its CEO said in a newspaper interview on Sunday. “Excluding a force majeure case, we will be on their side in early 2018. We are the only French bank that can do it without risking U.S. sanctions for a posssible breach of remaining embargo rules,” Nicolas Dufourcq told Le Journal du Dimanche. The deal Iran struck in 2015 with six ...
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