The Central Insurance company of Iran says it is working on new options to promote and expand life insurance products.
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.
Tehran Stock Exchange main index, TEDPIX, lost another 17,054.94 points or 1.10% on Sunday to end at 1,540,189.23 as the battering of share prices continued for yet another week. The TSE equal-…
Iran Fara Bourse (IFB) on Sunday unveiled three new indices to help investors and analysts get a better grasp of the market, the CEO said. "Three new indices, namely price index, equal-…
An estimated 3.65 billion retail transactions were processed by the domestic electronic payment network Shaparak in the tenth month of the calendar year to January 22. Overall business via the…
The central bank officially launched the ‘Iran Currency and Gold Trade Center’ in line with the new governor's bid to try and control skyrocketing forex and gold prices. The measure was…
The government has placed new demands on lenders in the 2023-24 budget obliging them to continue giving cheap loans to a wide range of applicants. However, economists have voiced renewed…
The weekly government bond auction on Wednesday held by the Central Bank of Iran again failed to impress with banks purchasing little in the absence of equity market investors.
The main index of Tehran Stock Exchange, TEDPIX, gained 692.67 points or 0.04% on Wednesday to end at 1,557,244. The TSE equal-weighted index gained 0.31%. About 19.7 billion shares worth 70.04…
The Central Bank of Iran on Wednesday announced new conditions allowing banks to return the assets of defaulters seized by banks and credit institutions. As per a notice seen on the CBI…
Parliament has again called for developing comprehensive regulations for cryptocurrency trade.
The Central Bank of Iran said banks should allocate microloans only via their digital platforms from the beginning of the next fiscal year in late March.
The Central Insurance company of Iran, the industry’s regulator, says it has prioritized licensing to fully digital insurance companies.
The central banks of Iran and Russia Sunday signed a deal to connect their national interbank communication and transfer systems to help boost trade and ease two-way bank transactions.
Foreign exchange rates jumped again on Saturday in Tehran's unofficial market to continue on the upward trajectory seen for months. The US dollar shot up by 4.22% to buy 433,300 rials on…
Iran Fara Bourse (IFB) will announce three new indices in the coming days to help investors and analysts get a better grasp of the market, Majid Eshqi, head of the Security and Exchange…
Iran Privatization Organization has released new information about the block sale of controlling shares in Tehran's two main football clubs, Esteghlal and Persepolis.
The Central Bank of Iran says it will make the CryptoRial, a central bank digital currency, available to the public within two weeks. Peivast Magazine on Thursday quoted an official from the…
Five banks will start selling dollars and euros without the need for buyers to register with the Iran Central Exchange website, the Central Bank of Iran announced on Thursday.
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Tehran Stock Exchange's main index, TEDPIX, gained 1,024.81 points or 0.06% on Monday to end at 1,653,948.58. The TSE equal-weighted index gained 0.53%. About 15.33 billion shares worth 87.8…
More than 499,000 checks bounced in the ninth fiscal month ending Dec. 22, up 0.6% on the previous month. The checks were worth 338 trillion rials ($804.7 million), posting 1.6% decline on a…
The governor of the Central Bank of Iran, Mohammad Reza Farzin, said the bank has gained access to a big part of its blocked assets in some foreign countries and is using it to control currency…
Digital banking professional say innovative credit services, namely lendtech and BNPL (buy now and pay later), will dominate Iran's fintech ecosystem this year, thanks to the galloping inflation…
Tehran’s share market wrapped up the week on Wednesday up almost 2.24%. Tehran Stock Exchange main index, TEDPIX, gained nearly 37,000 points or 2.24% in the week to end at 1,689,144.1.…
The governor of the Central Bank of Iran reiterated that increasing interest rates is a compulsion. Addressing senior bankers, Mohammad Reza Farzin asked banks to follow rules on the cap on…
The loan to deposit ratio (LDR) declined for nine months to December 22 by 82.4%, which was 0.3 percentage points lower than the beginning of the fiscal year last March at 83%, the Central Bank…
