6185
CBI, Sole Regulator
Economy, Business And Markets

CBI, Sole Regulator

The Central Bank of Iran announced on Wednesday it is the sole authorized body to release information about banks and financial and credit institutions. Reacting to statements made by some lawmakers and analysts in the media regarding the recent closure of a credit and financial institution and another private bank, the CBI announced it is the single legal entity tasked with dissolving banks and credit institutions in the Islamic Republic and that it will declare related news in due time after the legal measures are fully taken. Rejecting the comments made by some pundits about banks and credit institutions, the CBI asked the media to avoid publishing false information. The bank also called on the start-up financial institutions to comply with the regulations set by the central bank.

Short URL : http://goo.gl/r0Xiyo

You can also read ...

Swiss Firms Preparing to Quit Iranian  Market Over US Sanctions Risks
Several Swiss newspapers on Sunday reported that Swiss firms...
EU Rushes to Protect Economic Interests in Iran
With a reputation of a slow-working institution that only gets...
Chabahar’s Shahid Beheshti Port: Cheapest Business Option in Region
With new moderated prices for services offered at Chabahar’s...
German Companies Cannot Be  “Totally Shielded” From US Iran Move
The German government will help German firms with business in...
New Report Reveals Banks’ NPL Ratio Gap
A senior member of Majlis Article 90 Commission presented the...
Tehran Startup  Studio Launched
The University of Tehran and the Noor Credit Institution have...
Tehran Stocks Unshaken by US Nuclear Deal Pullout
Iran nuclear deal seems to be on life-support these days, as...
Google Stands to Lose Up to $4.3b in UK Privacy Suit
Google appeared in a UK court on Monday to argue against a...

Trending

Googleplus