Business And Markets

The Central Bank of Iran has announced new guidelines for borrowing from the interbank market using collateral.  As per the instructions posted on the CBI website, lending to banks or…

Data released by the Central Bank of Iran show term deposits increased at a much slower pace than sight deposits, another sign that savers are less inclined to park their money for longer…

Tehran stocks opened trading week Saturday under fresh selloff pressure that swept through almost all categories.  The benchmark of Tehran Stock Exchange, TEDPIX, dropped below the…

The Central Bank of Iran announced new rules on Sunday based on which banks and credit institutions are required to provide borrowers with access to lending contracts and changes thereto via…

Officials from the Export Guarantee Fund of Iran (EGFI) and the Russian Export Center signed a deal to facilitate trade exchange. 

Municipalities in the big cities sold “participatory bonds” worth 100 trillion rials ($333 million) in the first four months of current fiscal year that started in March.  The sale was up…

Grappling with deep recession and liquidity crunch, Tehran’s share market notched another weekly loss in the last trading week.  The main losers were blue chips comprising large caps and…

A review of the average fees acquiring banks must pay for transactions shows that small payment transactions add to  their costs. Data released by Shaparak, the company in charge of the…

Bond sale by the government was around 13 trillion rials ($43.3 million) in the last Iranian week – down 43% on the week before.  Bond auctions are held every week to help plug the…

Data released by the Central Bank of Iran show higher growth in assets in the financial system that can be readily changed into cash, compared with growth of less liquid assets. 

The benchmark of Tehran Stock Exchange, TEDPIX, shed 7,977.99 points or 0.56% on Wednesday to end at 1,412,856.5. About 5.7 billion shares worth 40.44 trillion rials ($139.4 million) changed…

Shaparak Company, regulator of Iran’s domestic payment network, said payment service providers need not issue POS terminal receipts for transactions worth 2 million rials or less, to help save…

Iranian banks held foreign assets worth 23,833.1 trillion rials ($79.4 billion) by the end of the fourth calendar month on July 22. This was up 18.2% compared to the similar period last year.…

The Central Bank of Iran has instructed lenders to apportion at least 20% of their loans to the agriculture sector through supply chain finance (SCF) and the contract farming scheme.  In a…

Iran’s foreign debt was $7.173 billion by the end of the fourth calendar month ending July 22, the CBI said Tuesday. The amount was almost $1.5 billion or 17% lower compared to the last fiscal…

Insurers affiliated to banks topped the list of general insurance firms able to cover losses, according to the latest ranking published on the Central Insurance company of Iran (CII).  The…

The Economy Minister Ehsan Khandouzi says the government wants to create a “development bank” in the next five-year development plan period.  In an interview with Fars News Agency,…

Tehran stocks opened Monday in upbeat mode but sell-side pressure mounted in the middle of trade pushing the majority of large cap stocks into negative territory.  The benchmark of Tehran…

The Central Insurance company of Iran (CII) and the Vice Presidency for Science and Technology signed an agreement Monday to ease the entry of knowledge-based companies in the insurance sector…

Head of the National Development Fund of Iran (NDFI) said repayment of loans given by the sovereign wealth fund has gained pace in recent months.  “Since the beginning of the last fiscal…

Compartmentalizing bank accounts into business and personal financial records has advantages for customers, an official with Central Bank of Iran said.  The regulator recently instructed…

During a visit to the Central Bank of Iran on Sunday, President Ebrahim Raisi emphasized the monetary and banking mandates of the CBI.  Raisi reiterated the “significant role of the…

More than 586,000 checks bounced in the fourth Iranian calendar month to July 22, down 8.4% on the month before.  The checks were worth 345 trillion rials ($1.2 million), indicating 7.7%…

An estimated 3.71 billion retail transactions were processed by the domestic electronic payment network Shaparak in the fifth month of the calendar year to August 22. These were worth 6,762…

Tehran’s share market registered another uneventful session Sunday as the benchmark of Tehran Stock Exchange, TEDPIX, closed near the flatline.  Paring some of early-hour gains, the market…