Board members of the Securities and Exchange Organization approved a plan that enables investors in the Iran Mercantile Exchange and the Iran Energy Exchange to engage in block trade.
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.
The Central Bank of Iran says savers have become more inclined to put their money in banks for longer periods and term deposits are growing at a faster pace. While term deposits lagged behind…
Sell-side pressure that has swept across Tehran’s battered share market in the past several months, gained momentum on Sunday further wrecking share prices. The unceasing pressure from sellers…
Interbank rates continue to rise climbing to 20.31% as of Thursday, the Central Bank of Iran said. Rates have been of the ascending order since late August rising from 18.29% and now are the…
The Central Insurance company of Iran, the regulatory body of the sector, is working on a plan to offer insurance cover for bank card holders. Gholamreza Soleimani, the CII head, says the plan…
Tehran stocks opened trading week Saturday again lower amid panic selling and the uninterrupted outflow of liquidity by retail investors. The main gauge of Tehran Stock Exchange, TEDPIX…
While Tehran stocks closed most trading sessions last week uneventful, the benchmark of Tehran Stock Exchange, TEDPIX, lost almost 3% in the week. The TEDPIX shed 43,000 points to stand…
The Governor of the Central Bank of Iran Ali Salehabadi says foreign currency revenue of the bank has increased in recent months and improved its leverage to curb volatility in the forex…
The CEO of an Iranian cryptocurrency exchange claims that domestic platforms account for the majority of transactions by traders in the country.
Date released by the Central Bank of Iran show the reserve requirement of banks increased more than twofold in three years. The legal reserves rose from 154 trillion rials ($570 million)…
Insurance companies' income from transportation industry saw considerable growth in the last decade despite the challenges and restrictions faced by businesses.
Persian Gulf Petrochemical Industries Company is to set up an investment bank and has issued a subscription notice to sell shares before an initial public offering. Iran Fara Bourse website…
The capital market’s role in the economy declined in the first six months of the current fiscal year (March 21-Sept 22) as the bear market drags on. Data released by the Securities and Exchange…
The Economy Minister Ehsan Khandouzi said manufacturing units unable to repay debts to banks should not be shut. He communicated this in a letter to the Industry Minister Reza Fatemi Amin,…
The government's plan to eliminate forex subsidies will not be implemented this month despite insistence from several quarters.
The Central Bank of Iran in an edict to banks announced caps for working capital loans.
The managing director of the Securities and Exchange Organization Majid Eshqi and CEO of Iran Khodro (IKCO) Farshad Moqimi reviewed plans to end mandatory pricing in the key auto sector. …
Tehran stocks continued on the declining for the third session under growing selling pressure that dominated a broad range of shares on Monday. The main index of Tehran Stock Exchange, TEDPIX,…
Data released by the Central Bank of Iran show broad money supply increased to 40,680 trillion rials ($150 billion) to Sep.22. This was up 40.5% y/y. Broad money supply increased 3.7% on a…
Tehran stocks were mixed in the last calendar month to Oct. 22 amid better performance of large caps. The benchmark of Tehran Stock Exchange, the market cap-weighted TEDPIX, closed 49.971…
New executives have taken charge at several state-owned and privatized banks, including the two largest banks Bank Melli Iran and Bank Sepah.
Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM), Masoud Khansari said he is positive about the government’s vision in drafting the 2022-23 budget. He referred to…
A new system will be introduced soon by banks to evaluate the creditworthiness of those applying for checkbooks, a lawmaker said admitting that the existing ways and means are not up to the mark…
The government has obliged all administrative bodies to submit a list of their divestible assets to the Economy Ministry, according to a bylaw issued by the first vice president.
Banks gave 12,410.8 trillion rials ($45.5 billion) in loans in the first half of current fiscal year (March 21- Sept 22). Compared to the corresponding period last year, lending rose by…
