The Central Bank of Iran has called on banks and credit institutions to prioritize lending to small and medium-sized enterprises. Top priority should be given to SMEs introduced by…
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 Economy Minister Farhad Dejpasand has joined the increasing number of economists and bankers censuring the banking bill being debated in the Majlis.
Innovators and experts have again criticized insurance companies for their aversion to technological developments. Speaking at a conference in Tehran, Hamed Valipour, the founder of Bimito…
The ratio of non-performing loans to total loans by Iranian banks was 8.5% by end of the third quarter of the last fiscal year (Dec. 2020). It was a slight improvement compared to the 8.7%…
The government again failed to attract buyers for its bonds on Wednesday setting a worrisome pattern that has continued for weeks. The CBI said almost all the past enthusiasts stayed away,…
Iran’s external debt increased slightly to $9.14 billion by the end of the previous fiscal year on March 20, the Central Bank of Iran reported. The country’s foreign debt is 1.2% or $111…
Iranian banking system held a total of 75,569.1 trillion rials ($328billion) in assets by the end of the previous fiscal year on March 20, up 39.4% on a year-on-year basis.
The move to shut illegal cryptomining farms has gained pace in recent weeks following the President Hassan Rouhani's order on banning cryptomining by the end of summer to alleviate pressure on…
Tehran Stock Exchange closed trading session on Wednesday lower bucking a rising trend that continued for three consecutive sessions. TEDPIX, the TSE’s benchmark, lost 8,823.38 points or…
Tehran stocks opened trade on Tuesday in upbeat mode before paring gains later amid rising sell side pressure in most stock categories. The main index of Tehran Stock Exchange, TEDPIX,…
In its weekly implementation of open market operations, the Central Bank of Iran conducted reverse repurchase agreement (reverse repo) operation for the first time.
Broad money supply reached 34,761.7 trillion ($151 billion) at the end of the previous fiscal year on March 20, indicating 40.6% growth compared with a year earlier. Money supply increased 10,…
Interest rates have been on a steady decline at the interbank market in recent months to reach 18.49% as of June 3, the lowest in nine months. That was down from 19.24% registered almost a week…
After a brief bear market on Tuesday, stocks in Tehran Stock Exchange recovered on Wednesday amid demands for stocks of small companies. TSE’s main index TEDPIX gained 905.69 points or 0.…
The Central Bank of Iran set out plans of action to address assorted banking and monetary issues in a bid to promote its contribution to economic growth. The package of measures includes…
The Central Bank of Iran announced regulations guiding the acquisition of stake in investment banks and market-making companies by banks and credit institutions. The regulations allow banks to…
Iranian and Iraqi officials have agreed upon an arrangement for settlement of Baghdad's debts to Tehran, said spokesperson of Iraq's Ministry of Electricity.
After a short hiatus a session earlier, forex rates bounced back on Tuesday spurred mainly be political developments. The dollar moved above 240,000 rials and was quoted as high as 241,500…
Shaparak, the Central Bank of Iran-affiliated supervisory body in charge of the payment settlement network, released its report for the second month of the current fiscal to May 20 showing a…
The Securities and Exchange Organization has approved regulations for leveraged funds in the stock market. Reza Nowhi, the SEO deputy chief for investment funds, said the risk hedging property…
The Central Bank of Iran’s Innovative Technologies Department has performed well in developing infrastructures to improve the transparency of banking transactions, the department said. In a…
The minimum capital requirement for setting up foreign exchange shops has been increased to 250 billion rials ($1.08 million) in large cities and 130 billion rials ($565,000) in other cities,…
Sell-side pressure mounted on Monday in Tehran’s share market to buck a rising trend that has continued for four consecutive sessions. The main index of Tehran Stock Exchange, TEDPIX, lost 11,…
Foreign exchange rates fell on Monday at Tehran’s currency market after two sessions of rally, as speculators increased offers to save gains.
The parliament expects the government to submit a bill on cryptocurrency trade as soon as possible, the speaker Mohammad Baqer Qalibaf said on Sunday.
