Bank Melli Iran (BMI) News

State-owned Bank Melli Iran wants to sell 500 trillion rials ($1.22 billion) in assets by the end of the current fiscal year in March 2023.  "Shares of Shazand Arak Refining Company are to…

The manager of Bank Melli Iran (BMI) branch in Hamburg said a regional court has voted in favor of the bank, requiring Deutsche Telekom to reactivate services for Iranian bank branches in…

The CEO of Bank Melli Iran, the biggest state-owned lender, said it has signed a deal with Russia’s government-controlled Sberbank. “I was in Moscow at the invitation of the CEI of Sberbank as…

Bank Melli Iran is planning to use ‘LendTech’ to ease the processing of microloans, an official with the bank said. The measure is in accord with the Economy Ministry's recent notifications to…

Bank Melli Iran, the biggest state lender, opened two special branches in Tehran to help fund knowledge-based companies, the CEO said.  Mohammadreza Farzin said Sunday the special branches…

Bank Melli Iran, largest government-owned commercial bank, aims to increase the number of smart branches, launch a digital banking application and increase POS terminals. Bank managers and BMI…

Bank Melli Iran, the biggest lender, has released an inventory of 25 properties it owns to be divested in the fiscal year ending March 2023.  The main state lender, long under pressure…

Bank Melli Iran, owned by the government, has denied recent claims about leaks of customers' personal data.  "Security teams of the bank and its subsidiaries looked into the claims soon…

Net earnings of eight Iranian state-owned banks and the Central Bank of Iran has been forecast at 2,314.28 trillion rials ($7.8 billion) in the March 2022-23 draft budget. This is 25% higher on…

Bank Melli Iran, the major state-owned lender, reduced the number of branches by 6% in fiscal 2020-21. It had 2,952 branches in the previous fiscal year compared to 3,200 a year before,…

Bank Melli Iran, the state-run lender, said the lender has divested its stake in assorted companies worth 133 trillion rials ($492 million). Divestments were completed in two years with the…

State-owned Bank Melli Iran, the largest domestic lender, says it sold assets worth 56 trillion rials ($200 million) in the first six months (March 20-Sept. 21) of the current fiscal year.…

Bank Melli Iran lent 42.7 trillion ($170 million) rials in marriage loans to newlyweds in the first five months of the current fiscal year (March 20-August 21).   The loans were given to…

State-owned Bank Melli Iran, the largest domestic lender, says it ceded nonfinancial assets worth 26.13 trillion rials ($113 million) in the first five months (March 20- August 21) of the…

Bank Melli Iran, the biggest lender, accepted 14,000 marriage loan applications worth 7.4 trillion rials ($43.5 million) during the first two months of current fiscal year (March 20-May 20).…

The Central Bank of Iran on Sunday tasked the state-owned Bank Melli Iran to open accounts for foreign investors seeking residence permit.  BMI will transfer the money to the CBI and…

The government-owned Bank Melli Iran said it divested its non-financial assets worth 17.4 trillion rials ($102 million) in the last fiscal year (March 2019-20). 

Bank Melli Iran, the largest domestic lender, paid 239,000 plus marriage loans to newlywed during the last fiscal year that ended in March.  According to BMI’s news portal, the total…

Bank Melli Iran, the biggest state-owned lender, gave  952 trillion rials ($7.1 billion) in loans over ten months since the beginning of current fiscal year that ends in March. …

Newlyweds have received more than 188,000 marriage loans worth 59.3 trillion rials ($453 million) from the state-owned Bank Melli Iran since the beginning of current fiscal year in March 2019.…

Bank Melli Iran, the biggest bank in the country said Saturday that it had succeeded in attracting the highest volume of cash both in long-term deposits and Qarz-ul-Hasana (usury-free) saving…

State-owned Bank Melli Iran has granted 7,612 debt purchase applicants facilities worth 11.78 trillion rials ($100.7 million) in the first four months (March 21-July 22) of the current fiscal…

A court in Germany has ordered Deutsche Telekom, a partly state-owned telecom provider, to reactivate phone and internet services for the Hamburg branch of Bank Melli Iran. 

CEO of Bank Melli Iran, Mohammad Reza Hosseinzadeh, said the US pullout from the 2015 Iran nuclear deal has failed to undermine the bank’s overseas operations. “The US withdrawal from JCPOA will…

Director of Bank Melli of Iran’s Foreign Exchange Department Gholamreza Panahi outlined the lender’s measures to comply with new policies tightening government control over the foreign currency…