The Central Bank of Iran has implemented new rules to help reduce the number of bounced checks. Based on the new rules, if a check is rejected due to insufficient funds, the amount will…
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 National Development Fund of Iran, the sovereign wealth fund, reiterated that it is expanding its investment activity, outlining key investment options and listing areas the fund must shun.…
Banks gave 669.4 trillion rials ($2.2 billion) in loans to the knowledge-based economy in the last fiscal year ending March 20. According to numbers released by the Central Bank of Iran,…
Tehran’s share market closed the week Wednesday higher thanks to noticeable demand for stocks of small companies. Reflecting the performance of small caps, the equal-weighted index of…
The Central Bank of Iran has cancelled its decision announced last week to impose restrictions on third-party credit rating platforms, allowing them to resume services as the representative of…
The value of bank checks rejected in the calendar month to April 20 declined 37.6% from the earlier month to reach 207 trillion rials ($690 million). Bad checks in terms of numbers stood at 471…
The government generated 32 trillion rials ($106 million) in the first weekly bond auction in the present fiscal year that started in March. Auctions are held by the Central Bank of Iran…
Sell-side pressure eased a bit Tuesday on stocks after the Tehran share market incurred big losses and huge capital outflow a session earlier. The main gauge of Tehran Stock Exchange,…
More than 60 companies affiliated to the government are on the verge of bankruptcy, the deputy economy minister for banking, insurance and state-run companies said. “There are 451 state…
Iranian banks and credit institutions gave 1,426.9 trillion rials ($4.7 billion) in loans in the first month of the present fiscal year (March 21- April 21). The loans were up 22.8% or…
Data published by the Central Insurance company of Iran (CII), the insurance industry regulator, show further increase in the share of private firms in the growing insurance market during the…
Tehran’s share market tumbled on Monday moving further away from recent highs amid mounting selloff pressure and massive capital outflow. The benchmark of Tehran Stock Exchange, TEDPIX,…
The governor of the Central Bank of Iran held talks with a Kazakh delegation in Tehran on Sunday. Ali Salehabadi referred to the recent improvement in bilateral trade and said closer…
An estimated 7.9 million tons of goods worth 665 trillion rials ($2.2 billion) were traded in the spot market of the Iran Mercantile Exchange in the calendar month that ended on May 21. …
Banks issued 90 trillion rials ($330 million) of “Productive Credit Certificates”, known by its Persian acronym Gam, since the credit finance instrument was launched in early 2021. …
The Central Bank of Iran on Sunday announced regulations for remote identification of customers seeking electronic banking and financial services.
In line with persistent calls for promoting openness and transparency in the economic domain, 132 nongovernment public companies and organizations published their financial statements on Sunday…
Head of the judiciary-affiliated General Inspection Organization of Iran (GIO) has ordered its inspectors to closely examine the performance of banks. Zabihollah Khodaiyan underlined the…
Tehran stocks opened trading week on Saturday under selloff pressure and the benchmark of Tehran Stock Exchange, TEDPIX, retreated further away from the 1.6 million points reached last week.…
Private companies have been complaining that the government apparently failed to anticipate the challenges manufacturing units would face after it ended the policy of allocating subsidized…
Policy and decision makers, experts and authorities attending the First International Conference on Privatization in Iran are unanimous in their views that the current privatization plans and…
An estimated 5,140 small and medium-sized companies took out loans from banks in the last calendar year that ended in March. According to the Ministry of Industry, Mining and Trade, which is in…
The Governor of Central Bank of Iran Ali Salehabadi says the government should first reimburse its mounting debt to banks to help them improve their financial adequacy. In a tour to East…
The Central Bank of Iran has ordered the Iran Credit Scoring Institution (ICSI), the only of its kind authorized to offer credit assessment, to restrict its services to banks and authorized…
Shares of small-sized companies lagged behind large caps in the last Iranian trading week that ended on Wednesday. Emerging as big winners for several weeks, small caps have lost traction…
