Iranian insurance industry earned 29.4 trillion rials ($789.4 million) by selling 2,357,171 life insurance policies during the 10 months to January 19.
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The Governor of the Central Bank of Iran has named bringing discipline to the banking system and structurally reforming it as "the most important plans of the bank during the next fiscal year"…
Iran's banking network has historically had a robust presence in Europe, offering services to Iranian merchants and facilitating trade transactions between the European Union and resource-rich…
Bahar Azadi Gold Coin fell by 100,000 rials on Wednesday, changing hands for 12.10 million rials ($323) in Tehran’s market to witness another drop after an unexpected rally in recent days.…
Data released by the Central Bank of Iran for the month ending January 19 put banks’ total foreign assets at 2.3 quadrillion rials ($61.5 billion) by January 19, marking a 6% growth compared…
Asiatech Data Transfer Inc PLC will be listed in Tehran Stock Exchange in May, the director general of the firm said.
“The $7.9 million Asiatech offers services in 430 cities across the…
After a 12-hour session, the Supreme Labor Council agreed to raise workers’ minimum wage for the next fiscal year (March 2017-18) by 14.5% to 9.3 million rials ($244.7) per month.
The…
Iranian billet exporters achieved a considerable increase in exports over the past few weeks, mainly supported by the uptrend in the Commonwealth of Independent States semis segment.
Representatives of the Turkish steel sector are interested in developing lucrative cooperation with Iran, as steel trade between the two countries is on the uptrend.
A mine situated on the outskirts of Mount Sabalan in Ardebil Province holds the largest agate reserve in the world.
Sabalan’s agate is famous in the world and can shake the global market…
Tehran Stock Exchange’s main index gained 98.90 points or 0.13% to end Wednesday trade at 76,737.9.
Some 4.9 billion shares valued at $471.9 million changed hands for the day.
Kavir…
Iranian insurance companies have formed a consortium for covering brand-new cars to put an end to automakers’ fraud. Carmakers persuade insurers to sell policies at a 15-20% discount but receive…
Bahar Azadi Gold Coin dropped by 150,000 rials or 1.15% in Tehran's market on Tuesday and fetched 12.20 million rials ($325), highlighting the fact that the recent rally was a short-lived bubble…
After the implementation of the Joint Comprehensive Plan of Action, the Export Development Bank of Iran secured correspondent relations with 119 foreign banks, said the bank’s CEO.
Interest rates in the Iranian banking system are expected to drop in the next Iranian year (starting March 21), said the chief executive of Parsian Bank.
“Higher government revenues and…
Iran Deposit Guarantee Fund complies with international standards and has managed to increase its assets, announced the fund's director.
Iran Chamber of Commerce, Industries, Mines and Agriculture approved the outlines of its budget for the new Iranian year (March 2017-18) on Monday. According to the chamber’s treasurer, Hossein…
Iran’s top cargo shipping company has held meetings in London to discuss a possible listing on London Stock Exchange, but has so far been thwarted by US sanctions that still scare banks off…
Iran’s largest producers of flat steel is nonchalant in the face of European threats to limit Iranian steel imports, as Mobarakeh Steel Company enjoys a diverse range of products and export…
Tehran Stock Exchange’s main index gained 304 points or 0.4% to end Tuesday trade at 76,639.0.
Some 3.4 billion shares valued at $209 million changed hands for the day.
Omran Fars…
Iran's economy does not have the capacity for so many banks and credit institutions and hence the idea of merging them should be considered, the head of Iran Chamber of Commerce, Industry, Mines…
The government is planning to link the databases of Iran Health Insurance Organization and Social Security Organization to ease access to policyholders’ profiles, reduce prescriptions and medical…
The Council for Islamic Jurisprudence in the Central Bank of Iran–aka Fiqh Council–is to obtain an official legal status through a parliamentary vote, announced a member of the council.
A task force comprising Iranian and Finnish bank executives and experts, which was formed to remove bilateral banking hurdles, has already made headway, said the ambassador of the Scandinavian…
The central banks of Iran and Oman have signed an agreement on Sunday to prepare the ground for expansion of banking ties at the Central Bank of Iran’s headquarters in Tehran.
Valiollah…
