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.
July 21, 2023 18:51
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February 20,2023The Central Bank of Iran will announce a new mechanism for assessing bank customers' credibility in the next Iranian year (starts March 21), the CBI deputy head for innovative technologies said... -
February 19,2023Tehran Stock Exchange's main index, TEDPIX, gained 8,570.88 points or 0.56% on Sunday to end at 1,533,366.46. The TSE equal-weighted index gained 0.41%. About 8.2 billion shares worth 56.88...
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February 19,2023With forex rates at historic highs, the Central Bank of Iran says it has new plans for “managing currency rates”. "The CBI has new plans in accord with the forex market's current conditions. What...
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February 19,2023Come April companies listed at the Tehran Stock Exchange and Iran Fara Bourse will be rated in terms of their adaptability to corporate governance, the TSE' chief said. "Companies must uphold...
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February 18,2023Government bonds again failed to attract buyers on Wednesday as banks, credit institutions and institutional investors stayed away. Bond auctions are held by central bank on behalf of the Economy...
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February 18,2023The Economy Ministry says banks and credit institutions gave an estimated 475 trillion rials ($1.04 billion) in loans to 1,293,216 applicants without demanding collateral and by using their credit...
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February 18,2023Interbank rates continued to climb last week reaching the highest in two years. According to EcoIran Web TV, rates in the market posted 0.75% growth during the week to February 16, to reach 22.54...
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February 15,2023Tehran Stock Exchange's main index, TEDPIX, lost 13,166.49 points or 0.86% on Wednesday to end at 1,524,795.03. The TSE equal-weighted index plunged 0.96%. About 7.29 billion shares worth 46.2...
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February 15,2023The Central Bank of Iran said it paid importers of essential goods $6.5 billion via the special Nima market since January 1. "The money was given for importing raw material, medicine and other...
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February 15,2023The Majlis Social Commission has decided to raise the ceiling for marriage loans to newlyweds in the next fiscal year that begins in March. Debating the proposed 2023-24 budget, lawmakers have...
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February 15,2023Three commercial banks have sent applications to the Central Bank of Iran to start e-payment service providing companies. The Middle East Bank, Shahr Bank and Karafarin Bank have officially...
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February 15,2023Financial statements of 12 listed leasing companies show an average 12% decline in net profit in the first three quarters of the current fiscal year that ends in in March. Analysis of the...
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February 15,2023Tehran Stock Exchange's main index, TEDPIX, lost 10,316.18 points or 0.67% on Monday to end at 1,537,961.68 and the TSE equal-weighted index fell 0.70%. About 6.58 billion shares worth 46.75...
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February 15,2023The Central Bank of Iran said the ratio of non-performing loans to total lending improved by the end of the first half of the current fiscal year (Mar-Sep. 2022). The ratio of NPLs to total...
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February 14,2023Tehran Stock Exchange's main index, TEDPIX, gained 2,300.41 points or 0.15% on Monday to end at 1,548,278.30. The TSE equal-weighted index gained 0.40%. About 8.31 billion shares worth 47.32...
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February 14,2023The Central Bank of Iran Governor Mohammad Reza Farzin has expressed the hope that the new measures employed by the regulator would help control forex rates in the domestic market. Farzin told...
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February 14,2023The Monetary and Banking Research Institute (MBRI) says the output of manufacturing companies in the stock market has increased. In its latest report it reflected on the monthly performance of...
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February 12,2023The Central Bank of Iran said Sunday foreign debt was near $6.42 billion by the end of the eighth calendar month to Nov 22 -- $2.64 billion lower on fiscal March 2021-22. Medium and long-term...
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February 12,2023The monetary base shot up again in the eighth calendar month to November 22, though at lower pace the Central Bank of Iran reported. It was near 7,276 trillion rials ($16.92 billion) -- up 20.5%...
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February 12,2023Tehran Stock Exchange's main index, TEDPIX, lost 12,103.18 points or 0.78% on Sunday to end at 1,545,978.32. The TSE equal-weighted index lost 0.97%. About 7.42 billion shares worth 49.53 trillion...
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February 12,2023Tehran Stock Exchange on Sunday unveiled the first sector fund for the petrochemical industry to attract indirect investment to the key sector. Mahmoud Goudarzi, the TSE chief, said, "Sector funds...
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February 11,2023The government’s bond offer was barely not welcomed this week by banks, credit institutions and institutional investors though underwriting financial institutions bought 20 trillion rials ($46...
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February 11,2023Russia and Iran are cooperating in banking and are planning to ramp up the share of national currencies in mutual settlements, Russian deputy foreign minister, Andrei Rudenko, said. "We are...
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February 11,2023The Majlis Research Center (MRC) has singled out banks and credit institutions for special criticism for what is said is their poor performance in extending loans for marriage and child birth in...
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February 09,2023Banks paid an estimated 29,719 trillion rials ($69.1 billion) in loans in the first nine months of the current fiscal year (ends in March) – up 41.9% on the same period last year. The Central Bank...
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