Iran Banking News

Iran Banking News

Trusted source for Iran Banking news. Daily news stories about Iran banking industry along with up-to-date statistics about the performance of Iranian banks. 

  • Central Bank of Iran Issues AGM Permits for 20 Lenders
    09/24/2018
    The Central Bank of Iran issued 20 permits as of Saturday for banks and credit institutions to hold their annual general meetings for the previous financial year that ended in March.  According to...
  • CBI: Currency Inflow Growing Steadily
    09/23/2018
    Governor of the Central Bank of Iran said on Saturday that since his bank allowed the import of hard currency by money exchange houses and other legal and natural persons, the inflow has been...
  • 3 CBI Officials  to Leave
    09/18/2018
    Following the recent passage of the law banning the employment of retired people in state bodies, three deputies at the Central Bank of Iran are set to leave. According to Boursepress.com, these...
  • Bank Loans Rise 3.3% in Value
    09/15/2018
    Bank lending increased 3.3% in volume during the four months to July 22, the latest figures showed. IRIB News reported that Iranian banks and credit institutions granted 1.1 quadrillion rials ($8....
  • MPs Conclude Review of Central Bank Bill
    09/12/2018
    Members of the economic commission of Iran’s Parliament on Tuesday concluded the review of reform measures concerning the Central Bank of Iran, which is part of wider reforms aimed at overhauling...
  • Banks Urged to Help Control Liquidity
    09/12/2018
    Governor of the Central Bank of Iran Abdolnasser Hemmati late Monday met with chief executives of banks and credit institutions to evaluate the country’s monetary and banking developments and...
  • New CBI Entities Approved
    09/11/2018
    Members of Majlis Economic Commission on Sunday approved the formation of new specialized committees within the Central Bank of Iran for reviewing articles related to long-awaited bank reforms....
  • Fresh Banking Troubles for Iranians in China
    09/10/2018
    The past year has been especially difficult for Iranians working or studying in China due to financial...
  • CBI Consults Experts
    09/10/2018
    Governor of the Central Bank of Iran Abdolnasser Hemmati late Saturday sat down with a group of economic experts and university professors to review the country’s latest economic developments,...
  • Banking Reform Bills in MPs’ Crosshairs
    09/09/2018
    Members of the Iranian Parliament’s economic commission on Saturday continued reviewing articles of long-awaited reform bills targeting the country’s ailing banking system in addition to its...
  • CBI Moves to Regulate Leasing Firms
    09/06/2018
    The Central Bank of Iran has recognized leasing firms as separate entities from monetary players, potentially opening a new chapter in the country’s lending sector. According to the secretary-...
  • New Appointments at CBI
    09/04/2018
    Abdolnasser Hemmati, the governor of the Central Bank of Iran, on Monday officially appointed Farhad Hanifi the new deputy for supervisory affairs. He replaces Farshad Heidari who was selected as...
  • Islamic Banking Confab Wraps Up
    09/03/2018
    The 29th edition of the Islamic Banking Conference came to a close with the release of an official statement on Sunday. Several high-ranking officials, including the Central Bank of Iran Governor...
  • CBI Declares War on Liquidity
    09/02/2018
    The Central Bank of Iran has vowed to curb the rising tide of liquidity, which he blamed as the source of all market volatility, including a currency crisis that has seen the rial drop to record...
  • CBI Expected to Lift Crypto Ban
    08/27/2018
    When the Central Bank of Iran announces its new regulatory frameworks concerning virtual currencies, it is expected to lift a previous blanket ban on cryptocurrencies. Nasser Hakimi, CBI's deputy...
  • Banks Lagging Behind AGM Schedule
    08/27/2018
    More than a month has passed since the July 22 deadline set for Iran’s banks and credit institutions to finalize their financial statements and hold their annual general meetings, but only a...
  • CBI Sets FX Deposit Terms
    08/26/2018
    The Central Bank of Iran on Saturday notified a directive to the banking system, which sets foreign currency deposit interest rates and doubles down on the previous promise of guaranteed returns...
  • Iran, Italy Maintain Banking Ties Despite Sanctions
    08/25/2018
    Albeit facing many barriers at a low level, banking ties between Iran and Italy have not been fully severed despite the fact that the first round of US sanctions has snapped back, the president of...
  • CBI Moves to Sideline USD
    08/21/2018
    As part of the latest measure to ditch the US dollar from the country's transactions, the Central Bank of Iran has removed the American currency from the list of Sanarate.ir, the website reporting...
  • CBI Outlines Top Priorities
    08/19/2018
    The governor of the Central Bank of Iran, who took the reins of the policymaking body late last month, has outlined his top priorities for solving the problems and instilling stability in the...
  • Central Bank of Iran Against Market Intervention
    08/16/2018
    Central Bank of Iran's Governor Abdolnasser Hemmati said the regulator's policy under his watch continues to be non-intervention in the foreign exchange market. "We have said repeatedly that we do...
  • Capping Bank Numbers on  CBI Agenda
    08/13/2018
    The Central Bank of Iran seeks to halt an increase in the number of banks and is open to merger proposals, a deputy governor of CBI said. “Based on the country’s large-scale policies, there are...
  • UniCredit Expects Deal With US Over Iran Sanctions Violations
    08/09/2018
    Italy’s biggest bank UniCredit expects to reach a deal with the United States in a dispute over alleged sanctions violations in Iran in the coming months, its CEO said on Tuesday.  “We are...
  • CI Affirms EDBI Rating
    08/08/2018
    Capital Intelligence Ratings, the international credit rating agency, announced that it has affirmed the Financial Strength Rating of the Export Development Bank of Iran at ‘BB-’ with a negative...
  • Russian Bank to Finance Iran-Bound Exports
    08/06/2018
    The Export Development Bank of Iran has signed a deal with Moscow’s Mir Business Bank to finance the import of essential goods from Russia.The contract provides Iran with €10 million, covering the...

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