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February 18,2022
Government bond sale rebounded this week after buyers shunned offers in the past several months.
Bonds offered in the primary market reached 66.4 trillion rials ($250 million) on Tuesday, the...
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February 18,2022
Forex rates in Tehran retreated at the end of trading week on Thursday after gains in the middle of the week.
The US dollar closed at 264,500 rials in the free market, down 1.8% or 5,000 rials...
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February 18,2022
Banks gave 509.4 trillion rials ($1.92 billion) to 1,176 knowledge-based companies in loans in the first 10 months of current fiscal year (March 21- Jan 20).
The amount was up 126.9% compared to...
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February 16,2022
Banks continue to help fund the economy while the capital market struggles to improve its footprint financing businesses.
The role of banks had diminished in the past two years due largely to the...
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February 16,2022
Average loan-to-deposit (LDR) ratio increased to 81.3% by end of the Iranian month to Nov. 21, rising 1.1 percentage points compared to March 2021.
The ratio was little changed on the preceding...
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February 16,2022
Iran and South Korea have held working-level consultations to discuss ways to resolve yearslong disputes over Tehran's assets frozen under US sanctions, Seoul's foreign ministry said Wednesday.
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February 16,2022
The benchmark of Tehran Stock Exchange, TEDPIX, closed trading week on Wednesday in negative territory, shedding 848.28 points or 0.07% to stand at 1,282,475.44.
About 3.97 billion shares worth 26...
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February 16,2022
Shaparak Company, the Central Bank of Iran affiliated company supervising the domestic e-payment network, recorded 85% decline in phishing cases since the implementation of the mandatory one-time...
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February 16,2022
The Money and Credit Council, the main decision-making banking and monetary body, has agreed to extend the repayment period for Qarzol-Hassanah (interest-free microcredit) loans.
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February 16,2022
Foreign exchange rates in Tehran have moved upward since the beginning of the Iranian week on Saturday after posting successive declines.
Extending a three-day rising trend, the US dollar clawed...
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February 16,2022
An estimated 65,000 loans were given in three weeks after the announcement of a rare government initiative promoting collateral-free microloans.
The Economy Minister Ehsan Khandouzi said this in...
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February 16,2022
The Securities and Exchange Organization has announced an agreement in principle to launch a Real Estate Investment Trust (REIT) fund, the SEO deputy for supervisory affairs said.
Alireza Nasser-...
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February 13,2022
Banks and credit institutions gave 22,946.1 trillion rials ($86.1 billion) in loans in the first ten months of current fiscal year that ends in March.
Compared to the corresponding period last...
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February 13,2022
The financial evaluation of Tehran's two main football clubs is over and both are set to go public via the Iran Fara Bourse base market in the coming weeks.
As per the assessments, Esteghlal...
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February 13,2022
Tehran stocks opened trading week on Saturday in positive territory only to retreat later as most shares pared early gains.
The benchmark of Tehran Stock Exchange, TEDPIX, shed 52.65 points and...
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February 13,2022
Insurance companies in Iran paid 16.7 trillion rials ($63 million) in Covid-related medical bills since the outbreak of the coronavirus pandemic in February 2020.
The Central Insurance company of...
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February 13,2022
With the share market languishing in the red amid the non-stop capital outflow by retail investors, new listed companies issuing IPOs no longer see welcome signs from investors.
Investor turnout...
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February 13,2022
Municipalities of seven major cities issued 89.3 trillion rials ($330 million) in bonds in the first nine months of present fiscal year to Dec. 21.
Compared to same time last year, the bond sale...
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February 12,2022
Data released by Shaparak, the company in charge of Iran's domestic payment network, show more than 123.1 million bank cards were used at least once in the ninth month to December of the current...
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February 12,2022
The supply of foreign currency for import needs improved substantially in the past five months, head of the Central Bank of Iran public relations office said.
In a note on his social media...
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February 12,2022
The Majlis Research Center has warned that a toxic mix of incorrect fiscal and monetary policies could add fuel to the inflation fire in the next fiscal year that begins in March.
In a report on...
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February 11,2022
Latest figures released by the Central Insurance company of Iran, the supervisory authority of the industry, show the critical status of medical insurance with its loss ratio crossing 106% in the...
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February 11,2022
After three weeks of investor aversion to bonds offered by the government, buyers returned to the weekly auction and bought 27.1 trillion rials ($102 million).
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February 11,2022
The National Development Fund of Iran is making progress in collecting unpaid debts by private companies, a deputy with the sovereign wealth fund said.
In a press release seen on the NDFI website...
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February 11,2022
The government has no contingency for marriage loans which are set to double in the March 2022-23 fiscal year, a senior banker said.
Mohammad-Reza Jamshidi, the secretary general of the Iranian...