Responding to recent critical remarks by Mohammad Reza Nematzadeh, the minister of industries, mining and trade about anemic support of the banking system for the production sector, governor…
Business And Markets
<p>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.</p>
The Central Bank of Iran has detailed the first phase of the banking overhaul plan and identified the strengthening of its supervisory and monetary policymaking role among the main goals of the…
The Central Insurance company of Iran is planning to gradually separate the life insurance sector from non-life policy in a bid to improve efficiency and the services it offers.
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Following the recent rally in gold prices, Bank Melli Iran decided to auction a portion of its bullion that includes a limited edition of Bahar Azadi coins as part of an effort to shed excess…
Couples seeking housing loans in the form of housing bonds, will be eligible irrespective of the date of their marriage, Bank Maskan announced Sunday. Furthermore, all couples – not just the ones…
Bank of Industry and Mine has financed 560 small and medium-sized industrial plans with 12 trillion rials ($389 million), the bank’s CEO, Ali Ashraf Afkhami, said Sunday in a meeting with Minister…
International banking constraints looming over Iran’s economy will persist until the US presidential election in November, a prominent energy analyst said at the weekend.
The 9th International Exhibition of Exchange, Bank & Insurance opened in Tehran on Sunday with government officials and public sector and private bank CEOs in attendance. The three-day event –…
President Hassan Rouhani said Sunday the banking overhaul plan will be implemented before the fiscal year is out in March 2017, calling it “the most important financial and monetary package for…
Tehran Stock Exchange’s main index inched up 47.60 points or 0.06% to end Sunday trade at 73,764.2.
More than 782 million shares valued at $61.8 million were traded for the day.
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Iranians love fast food, not only for the cuisine itself, but as a leisure activity and a means of socializing, reads a white paper authored by Tehran-based management consulting firm ILIA…
The fourth bond-only exchange-traded fund started the four-day process of selling its investment units on Saturday at Tehran Stock Exchange.
The ETF, named Parand, will only invest in fixed…
The fifth international exhibition of elevators, escalators and related industries and equipment known as Iran Liftex 2016 opened in Tehran on Saturday. The expo was inaugurated by Industries,…
A panel met recently to discuss guidelines and frameworks that can facilitate the utilization of insurance-linked securities (ILS) business in Iran, according to the Insurance Research Center (IRC…
Primary estimations show that the massive blaze that ravaged Bou Ali Petrochemical Complex, located in the southern Mahshahr Port, has caused about €60 million in damages, an official at the Iran…
Bank Tejarat has established corresponding relations with 50 foreign banks since the lifting of the sanctions in January. Ali Mehrpour, head of the bank’s department for international affairs,…
The parliament has invited the Central Bank of Iran governor, Valiollah Seif, to brief them on Wednesday on the country’s relations with the Financial Action Task Force (FATF), Tasnim News Agency…
Banks in Iran can again conduct cross-border transactions with international counterparts, thanks to the withdrawal of international sanctions in January.
Tehran Stock Exchange’s benchmark index shed 332.50 points or 0.45% to end Saturday trade at 73,716.6.
More than 588 million shares valued at $51.6 million were traded for the day.
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Iran Fara Bourse has now become an affiliate member of World Federation of Exchanges. The membership comes as Iran’s two other exchanges Tehran Stock Exchange and Iran Mercantile Exchange recently…
While stock markets in Tehran are going through a lull of activity, companies are preparing for the Ninth International Exhibition of Exchange, Bank and Insurance, also known as FINEX 2016, which…
Iran’s iodine production sector has grown at a fast pace.
In less than a decade, the country has not only become self-sufficient in iodine production, but it has also increasingly embarked…
US-based media outlet KGOU’s World Views recently interviewed Iranian-American financial advisor, Hamid Biglari, on Iran’s economy after the lifting of nuclear sanctions.
Biglari serves as…
The government is planning to push again for increasing banks’ capital, the government spokesman, Mohammad Baqer Nowbakht, told state-TV.
Bank Sepah’s branch in Rome has obtained permit from the Bank of Italy for offering all banking services including issuing letters of credit, issuing guarantees in foreign exchange and transacting…