Post Bank of Iran
|Traded as||TSE: BPST1
|Mahmoud Afzali (Chairman of the Board & Managing Director )
Post Bank of Iran was formally established in 2006. It is the eleventh state owned bank in Iran.
On 6 September 2013, the European General Court in Luxembourg ruled to annul the European Union (EU) sanctions in place since 2010 against the bank on grounds of supporting the Iranian nuclear and missile programs, as EU governments had not proved the accusations against the bank. As of 2016, the EU asset freeze was still in effect.
- James Kanter (6 September 2013). "E.U. Wrongly Imposed Sanctions on 7 Iranian Companies, Court Rules". New York Times. Retrieved 6 September 2013.
- "The General Court annuls the acts of the Council freezing the funds of seven companies and one person in connection with the restrictive measures taken against Iran with the aim of preventing nuclear proliferation" (PDF). General Court of the European Union. 6 September 2013. Press Release No 99/13. Retrieved 6 September 2013.
- "European Union and United Kingdom Sanctions Update: March 2016". K&L Gates. 17 March 2016. Retrieved 21 May 2016.
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