The first international conference on banking technology was held in the Persian Gulf Kish resort on Saturday, IRNA reported.
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The Union of Iranian Leasing Companies has formed a committee to develop new leasing methods to enhance efficiency with a focus on operational leasing.
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Head of the Central Bank of Iran left Tehran for the Peruvian capital Lima to attend the annual meetings of the World Bank Group and the International Monetary Fund, the CBI reported late…
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As relations with the West improve slowly, Iranian banks are poised to resume their overseas activities. The Persia International Bank was established in 2002 following the merger of London…
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Parsian Bank has prioritized financing strategic projects, namely in the energy, steel and mines sectors. Kuroush Parvizian, the bank’s CEO said his bank has already lent to companies in the said…
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The representatives of Iran’s Bank Keshavarzi (agro bank), the Agricultural Development Bank of China and India’s National Bank for Agriculture and Rural Development have met to share experience…
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The initial economic bounce from President Hassan Rouhani’s election in June 2013 and the signing of the Joint Comprehensive Plan of Action later that year ended nine quarters of negative economic…
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Tehran Stock Exchange’s benchmark retreated further during the week that ended October 7 with TEDPIX slipping 109 points or 0.18% compared to the previous trading week to settle at 61,389.8.
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Following Iran’s nuclear deal, there has been plentiful analysis on its impact across the world. The focus largely has been on the impact in the Middle East.
Its impact on the Indian…
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The first half of the current Iranian year (started March 21) saw the export of 225,000 square meters of stones for building facades worth $2.7 million from the city of Mahallat in Markazi…
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The US dollar again crossed the psychological barrier of 34,000 rials on Wednesday. As of 11:45 am GMT on Wednesday it bought 34,650 rials -- 1.94% up from the previous day's close,…
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Housing loans have shrunk in value in the past decade compared to the rise in prices and inflation rates, a housing expert said.
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Pointing to a world average of 7% capital turnover in the insurance industry, Morteza Bank, a high-ranking official in President Hassan Rouhani’s office said the figure in Iran is a paltry 2%.
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The Central Insurance Company of Iran has put in place a comprehensive plan for the insurance industry in the post-sanctions era, the company’s deputy director for reinsurance said Tuesday.
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Iran’s National Library and Bank Day have signed a two-year agreement to publish well-designed books and help foster book-reading culture. According to bank’s official website, the two sides…
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The CEO of Bank Keshavarzi (agro bank) says his bank has been approved by regulatory bodies as the official agent for purchasing key agricultural products. According to the bank’s website, Morteza…
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The Securities and Exchange Organization has given the green light to the issuance of two new sukuks (Islamic bonds) in Iran Fara Bourse (over-the-counter market). Three investment banks Mellat,…
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The potential return on investment in Iran outweighs the risks, said the head of Iran Chamber of Commerce, Industries, Mines and Agriculture's Iranian-Foreigners Investment Association on…
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A leading Iranian company has signed a cement deal with a multinational Danish company in the Iranian Mines and Mining Industries Development and Renovation Organization’s headquarters in Tehran…
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Tehran Stock Exchange’s benchmark pulled up 180 points or 0.29% on Wednesday’s close to end at 61,389.8.
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Iran Mercantile Exchange saw the offering of 65,000 tons of bloom ingots by Khuzestan Steel Company on the Industrial and Mining board on Tuesday.
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Disposable plasticware started to grow in popularity in the late 20th century and is widely used in Iran. However, the market for such products has changed dramatically in recent years, driven…
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Azadi gold coin rose slightly on Tuesday as gold prices surged in global markets. By 2:20 pm the benchmark coin was sold at 9.29 million rials ($310 ) or .65% up from yesterday’s close.
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The two securities exchanges, Tehran Stock Exchange and Iran Fara Bourse, are losing the fight to attract and hold on to investments with their main indices at two-year lows and falling further.…
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Various agricultural commodities were offered based on salaf, installment and cash contracts at Iran Mercantile Exchange on Tuesday. The agricultural board featured 210 tons of rice based on salaf…
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