Social commitment - eihbank supports village school in Iran
Education is an essential part of society worldwide and the basis for personal development opportunities. The European-Iranian Trade Bank (eihbank) in Hamburg is also assuming responsibility in this respect and is therefore supporting a project run by the Hamburg-based organisation Hami Germany e.V. (www.hami-germany.de) in south-eastern Iran. The background to the initiative of Hami Germany e.V. is the difficult situation of many parents in rural areas [...]
eihbank dedicated Girls & Boys Day 2024 to the topic of inclusion
The European-Iranian Commercial Bank AG Hamburg (eihbank) took part in Girls & Boys Day 2024 for the first time this year and provided a stage for the topic of inclusion and diversity. On 25 April 2024, the bank opened its doors to children with different abilities to give them an insight into the world of finance and banking with the help of two LEGO coaches [...].
eihbank informs about interest rates for term deposits of banks
We would like to inform our valued correspondent bank partners about the interest rates for fixed-term deposits. Until further notice, eihbank sets the interest rates for fixed-term deposits for its correspondent bank partners as follows: For fresh money, i.e. money that was not deposited in an account with eihbank before 30 June 2024, eihbank grants an interest rate of 2.0 % [...].
eihbank Annual Report 2023
The European-Iranian Commercial Bank Aktiengesellschaft (eihbank) successfully concluded the 2023 financial year despite challenging market conditions caused by persistently high inflation and the ongoing highly restrictive environment, thereby demonstrating its sustained resilience. In an environment that remains challenging, eihbank was able to stabilise its core business at the planned level and increase its net profit for 2023 [...]
Jersey handover SC Europa 92
The D-youth team of SC Europa 92 in Hamburg Mümmelmannsberg is delighted to be able to play its matches in a new "look" in future. The European-Iranian Commercial Bank AG (eihbank) has provided them with new jerseys, tracksuits and footballs. The new outfit was handed over on 7 February 2024 by the eihbank board members, Mr Arash Onsori and Mr Ralf Vollmering. In the process [...]
Best practices at eihbank - Infrastructure, Energy & Food
For major projects in Iran, eihbank offers structured EUR financing on the basis of buyer's credits in cooperation with its Iranian partner banks. This financing model, which we have been using successfully for years, enables Iranian companies to purchase goods abroad at favourable interest rates. European and non-European suppliers can offer their customers in Iran EUR financing via eihbank [...]
eihbank Annual Report 2022
eihbank succeeded in significantly increasing its operating result for the third time in a row in the 2022 financial year. It is remarkable that this was achieved despite the continuing difficult economic, political and social conditions. Positively influenced by the turnaround in interest rates, the net profit for the 2022 financial year totalled EUR 4,263 thousand. This and all other information [...]
Tandi Building Tehran construction project
Construction work is continuing at the former site of the eihbank branch in Tehran. On an area of around 7,230 square metres, a new building with pioneering architecture and facilities is being constructed. The Tandis building will comprise a total of seven floors of commercial space. Four units are available on each floor, which can be combined with each other in various ways or merged into a single space [...]
eihbank achieves a positive operating result in 2020
2020 was another year of considerable challenges for Europäisch-Iranische Handelsbank AG, Hamburg. Despite these conditions, the bank, as an established address and financing partner in the trade business between Iran and Germany, achieved a net profit of EUR 960,263.23 with a slightly reduced business volume of EUR 2,672.7 million. The current Annual Report 2020 and the [...]