The loans to deposit ratio (LDR) declined for six months to September 22. It was 81.4% at the end of H1, which was 1.8 percentage points lower than the beginning of the fiscal year in March at…
Business And Markets
Iran Business And Markets News, Get the latest business news about Iran including banking, stock market, real estate market, steel industry, mining, trade finance, fintech and insurance.
More than 552,000 checks bounced in the sixth calendar month to September 22, down 14% on the month before as banks cleared more checks compared to the recent past. The checks were worth…
Close to 300 exchange bureaus have started publishing their buy/sell and supply/demand data live on the regulated market website, the governor of the Central Bank of Iran said.
A comprehensive package designed to support the stuttering stock market came into effect on Saturday.
Tehran stocks posted meager growth on the first day of the week on Saturday after huge losses last week. The main index of Tehran Stock Exchange, TEDPIX, hardly gained 3,560.62 points or…
Tehran’s share market was hit by the biggest weekly loss since the beginning of the year in March as the bruising sell-off dragged on. Tehran Stock Exchange main index, TEDPIX, lost nearly 69,…
The Central Bank of Iran said broad money and the monetary base continued to descend in the calendar month to Sep 22. Broad money stood at 55,949.3 trillion rials ($170.47 billion) in the…
Forex trade at negotiated rates amounted to $700 million since June when the Central Bank of Iran allowed moneychangers to purchase currency from exporters at “agreed prices”. Mehdi Hadinejad,…
Tehran Stock Exchange recorded the second worst performance day on Wednesday since the beginning of the current fiscal year in March. The TSE main index TEDPIX lost 25,993.75 points or 2.05% to…
The government’s bond offer got another cold shoulder this week as the main buyers (banks and institutional investors in the stock market) stayed away. Debt worth 7.83 trillion rials ($23.8…
Forex rates both in the regulated and the free market have seen little fluctuation in the recent past and should stabilize with improved arrangement the governor of the Central Bank of Iran said…
The National Development Fund of Iran has collected $5.5 billion from the $7 billion unpaid by borrowers, the director of the sovereign wealth fund said. “This was after protracted negotiations…
The National Informatics Corporation (NIC), Central Bank of Iran's technology arm, says the recently launched regulatory sandbox should help boost investment in fintech startups.
The government economic taskforce headed by President Ebrahim Raisi approved new measures Monday to help revive the long-struggling capital market -- namely reducing tax on share trade and…
The main index of Tehran Stock Exchange, TEDPIX, lost 10,675.49 points or 0.84% on Tuesday to end at 1,267,060.73. About 4.96 billion shares worth 29.48 trillion rials ($91.3 million) changed…
Parliament will agree to online forex trade on the condition that it is regulated by and under the auspices of the Central Bank of Iran, head of Economic Commission of the legislature said.
The National Development Fund of Iran has provided $3 billion in new credit to banks, head of the NDFI board of directors said on Monday. “Each bank can allocate up to 10% of the amount it…
Tehran Stock Exchange main index TEDPIX continued to slide Monday to finish the day below the critical 1.3 million points. TEDPIX lost 19,060.32 points or 1.47% to end trade at 1,277,736.…
Ava Pars Reinsurance Company (Ava Pars Re) was officially launched as Iran’s sixth reinsurance company. The Central Insurance company of Iran (CII), the industry regulator, issued the operation…
Tehran Stock Exchange's main index TEDPIX lost 12,162.86 points or 0.93% on Sunday to end at 1,296,797.77. About 5.24 billion shares worth 28.28 trillion rials ($97.5 million) changed hands at…
Economy Minister Ehsan Khandouzi has openly criticized banks for their inefficient approach towards financing the key production sector and called for redefining the role of the banking system…
An estimated 10.61 million tons of goods were traded in the spot market of Iran Mercantile Exchange (IME) in the last calendar month to Oct 22. Compared to the month before, the deals increased…
The Central Bank of Iran says it will continue to control rates in the interbank market in line with the government’s declared policy to support the capital market. Interbank rates are under…
Tehran Stock Exchange's main index, TEDPIX, lost 1,205.35 points or 0.09% on Saturday to end at 1,308,959.98. About 4.11 billion shares worth 35.35 trillion rials ($121.9 million) changed hands…
The Central Insurance company of Iran (CII), the regulator of the industry, plans to introduce Islamic insurance solutions, known as takaful.
