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.
October 30, 2018 19:28
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November 13,2018Deputy Secretary of the US Treasury, Sigal Mandelker, announced that SWIFT had cut-off Iranian financial institutions targeted by the US sanctions, Sputnik reported. Iran’s central bank is among... -
November 05,2018President Hassan Rouhani said Monday the US will indeed regret its decision to abandon the nuclear deal and reimpose sanctions as Iran will work to keep foreign investment flowing into the country... -
November 04,2018The government is exploring new ways to bypass US sanctions and find banking channels to Europe, China, and Russia for oil exports and financial transactions, says Asadollah Qarekhani, spokesman of... -
November 02,2018The government has outlined new tasks for state-owned companies, banks and for-profit institutions as part of a directive for the next fiscal (March 2019-20) budget. As per the directive issued by... -
October 30,2018Central bank data says total lending by the banking system reached 13.23 quadrillion rials ($89.4 billion) during the 12 months to July 22.The figure was 29% higher year on year. The amount was 5.... -
October 26,2018The banking system lent more than 36 trillion rials ($261.8 million) to 1,043 knowledge-based companies during the first half of the current fiscal (March-September), the Central Bank of Iran said... -
October 24,2018Members of the Majlis Economic Commission continued their review of the much-discussed Banking Reform Bill on Tuesday during which articles related to corporate governance in banks were ratified,... -
October 24,2018An official with the Iran-China Chamber of Commerce and Industries denied reports that China's Bank of Kunlun has severed ties with its Iranian customers. Majid Reza Hariri said Bank of Kunlun has... -
October 21,2018Banks and credit institutions lent 3.03 quadrillion rials ($22.13 billion) to various sectors during the first six months of the current fiscal that ended on September 22, the Central Bank of Iran... -
October 19,2018Debts of banks to the Central Bank of Iran have been rising at an alarming rate in recent years and the issue has become a major challenge for the banking system because the unpaid debts are a... -
October 12,2018Data released by the Central Bank of Iran Thursday show that the regulator increased its foreign assets by 28% during the fifth calendar month ending August 22. According to the monetary and... -
October 10,2018Those wanting to establish business in the monetary market, namely establishing credit institutions, setting up branches and offices, attracting public deposits in any form, offering payment, and... -
October 08,2018A major part of the Comprehensive Banking Law targeting the struggling banking system and problems of the central bank has been approved, the head of the Monetary and Banking Committee of Majlis... -
October 07,2018Privately-owned banks have expressed readiness to establish a joint bank with Iraq, said the head of Iran-Iraq Chamber of Commerce. Speaking to IBENA, Yahya Al-e Es’haq said the bank would... -
September 29,2018The government on Saturday authorized the central bank to intervene in the foreign exchange market to prop the rial after the currency fell to record lows in recent weeks against major currencies... -
September 28,2018The value of foreign currency accounts in local banks has exceeded $10 million, following increasing public interest in such accounts, the Central Bank of Iran reported on Thursday. Annual... -
September 24,2018Banks and credit institutions allocated 2.4 quadrillion rials ($16.82 billion) to various sectors during the first five months of the current fiscal that ended on August 22, the Central Bank of... -
September 23,2018The 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... -
September 22,2018Governor 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... -
September 17,2018Following 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... -
September 14,2018Bank 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.... -
September 11,2018Members 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... -
September 11,2018Governor 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... -
September 10,2018Members 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.... -
September 09,2018Governor 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,...
