The ratio of loans to deposits continued to decline in the last calendar month ending July 22, extending a declining order that has lasted for the fourth straight month. The loan-to-…
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.
Foreign exchange rates registered new lows against the rial in Tehran on Saturday. The US dollar dropped below the support level of 290,000-rial in the free market to buy 289,500 rials, losing 8…
The government has approved new rules requiring the Central Insurance company of Iran (CII) to create policy mechanisms for effectively supporting insurance startups.
Share market investors welcomed stocks of small-size companies in the last working week as majority of commodity stocks in giant listed companies stumbled.
The ticker symbols of Tehran's two major football clubs, Esteghlal and Persepolis, will open next week, five months after their initial public offering, head of the Iran Privatization…
Former governors of Central Bank of Iran have opposed parliamentary discussion of a controversial banking bill and asked lawmakers to stop the process.
Tehran stocks closed trading week Wednesday in negative territory amid lingering sell-side pressure. The benchmark of Tehran Stock Exchange, TEDPIX, lost 8,101.69 points or 0.56% to end…
The central banks of Iran and Russia are in talks for connecting the Iranian financial system to Russia’s Mir payment network, a deputy minister of economy said in Tehran.
The national currency gained ground and pared losses following further guarded optimism about reviving Iran’s nuclear deal, which curbed demand for foreign currency. The US dollar fell…
The Central Bank of Iran has increased the reserve requirement of nine banks with weak finances, head of the CBI Department for Health Assessment said. “Six banks saw their legal reserve…
The government sold 36.2 trillion rials ($121 million) bonds in the latest weekly auction on Tuesday. It was the biggest bond sale during the 13 auctions held weekly since the May, the…
The Central Bank of Iran on Tuesday announced new rules to curb the growth of banks assets and control their balance sheets. The regulator appraises the performance of banks based on…
Sell-side pressure hit majority of large cap stocks on Tuesday as investors shunned shares of commodity and export-based companies in anticipation of a stronger rial. The main index of…
The nationwide e-payment settlement network, Shaparak, processed an estimated 38.85 billion payments worth 71,274 trillion rials ($236.8 billion) in the last fiscal year that ended in March.…
The Expediency Council has approved changes in the articles of association of the National Development Fund of Iran, the sovereign wealth fund. The council is a top state body responsible…
The benchmark of Tehran Stock Exchange, TEDPIX, closed Monday near the flatline after it pared early losses. In a shift in the middle of the session, the market cap-weighted benchmark…
The Vice Presidency for Science and Technology is preparing to launch a ‘National Financial Lab’ in collaboration with Tehran University and Allameh Tabatabaei University to underpin fintech…
The Trade Promotion Organization of Iran is temporarily easing forex repatriation for traders exporting to Qatar, the TPO chief said. “It has been decided to let companies selling to…
Iran Mercantile Exchange listed eight more cars manufactured by six automakers putting the number of cars traded at the bourse to fifteen. The Securities and Exchange News Agency said the…
After a short-lived bull-run a session before, Tehran stocks traded choppily on Sunday as the bullish mode in the opening of trade gave way to sell-off at close of the session.
The Law Enforcement Forces (LEF) have called on the Central Bank of Iran to work on integration of debit cards owned by each individual to reduce the risk of fraud and selling bank cards to…
Iran’s stock market is among the worst in the world when it comes to upholding the rights of retail investors, the general secretary of the Iranian Institutional Investors Association (IIIA)…
The rial gained more ground as most foreign exchange rates continued to retreat at Tehran’s unofficial market on Sunday.
Tehran stocks rebounded on Saturday amid rise in retail trade and inflow of fresh liquidity following weeks of money quitting the market. The main index of Tehran Stock Exchange, TEDPIX,…
Currency rates fell on Saturday as speculators tied forex prices to political developments and there seemed to be more sellers than buyers in Iran’s open market.
