Dear customers,
We would like to inform you about the latest developments regarding the sanctions against Iran.
Due to the so-called snapback mechanism of the E3 countries, the UN sanctions against Iran have been reinstated. These were implemented by the
European Union with Regulations (EU) 2025/1975, 2025/1980, and 2025/1982 of September 29, 2025, amending Regulation (EU) 267/2012.
Our bank is directly affected by the restrictive measures. The next steps are currently being carefully coordinated. We therefore ask for your
patience and thank you for your understanding.
Thank you very much.