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The recent rise in liquidity stems from a government policy to increase the inside money and money multiplier, while the monetary base is negative, said an official with the central bank.
A high-ranking commercial delegation from Russia, which includes a group of automakers, will arrive in Tehran on Tuesday to negotiate with Iranian counterparts.
Mortgage-backed securities are a tool for expanding the mortgage market and enhance commercial bank lending power, said Hossein Abdoh Tabrizi, secretary general of the Securities and Exchange...
After three weeks of continuous downward trend at the Tehran Stock Exchange, stocks returned to positive territory on Monday with the main index rising 149.7 points or 0.21 percent to 71,815.1.
The government's debt to GDP ratio was the sixth lowest in the world in 2013, according to the most recent report by the World Economic Forum. Iran has now edged up 3 places compared to the previous...
The Money and Credit Council, working under the supervision of the Central Bank of Iran, plans to assign private banks to grant interest-free marriage loans to young couples.
The central bank wants to unify Iran's foreign exchange rate regime, yet economic and political uncertainty coupled with the bank's diminished foreign currency reserves have weakened its influence
The Cooperative Development Bank (Tose'e Ta'avon Bank) has granted 6 trillion rials loan facilities during five months since the beginning of this Iranian year (starting March 21, 2014).
CEO, Ali...