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January 12,2021
In line with measures to improve security and transparency of bank transactions, the Central Bank of Iran said it plans to block unidentified transactions in less than two weeks.
Mehran Mahramian...
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January 11,2021
The Central Bank of Iran demanded Monday South Korea release billions of its foreign exchange assets blocked in that country.
South Korea’s First Vice Foreign Minister Choi Jong-kun arrived in...
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January 09,2021
The governor of Central Bank of Iran said he hopes stability in financial markets would be restored in the coming weeks as "excitement arising from political developments ebbs".
In a note posted...
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January 05,2021
The Majlis Joint Commission has made an amendment to the 2021-22 fiscal budget bill based on which state banks can increase capital by up to 100 trillion rials ($400 million) by selling...
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January 03,2021
The Central Bank of Iran's underperformance in notifying clear export repatriation rules and lack of a comprehensive data platform to track export repatriation commitments are causing concern for...
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January 01,2021
The Iranian National Tax Administration unveiled the first phase of an electronic platform to monitor banking operations.
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December 25,2020
The recent bank merger of five banks and credit institutions linked to the military forces with the state-owned Bank Sepah has turned the latter into the biggest bank in Iran.
The megamerger...
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December 19,2020
Despite higher bank fees the banking sector is expected to decline 0.3% in the current fiscal year that ends in March, estimations by the Majlis Research Center show.
In a report covering key...
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December 15,2020
The Central Bank of Iran is using a smart platform to detect and block unauthorized payment gateways, developed and used by online betting and gambling websites.
“Smart detection of unauthorized...
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December 13,2020
Central Bank of Iran has forecast lower consumer price inflation in the coming weeks in light of relative stability in financial markets and key monetary variables.
Decline in the monetary base...
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December 06,2020
The Central Bank of Iran has announced new guidelines for divesting non-financial assets of banks and credit institutions.
The guidelines are as per provisions of the law to Remove Barriers to...
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November 29,2020
The Central Bank of Iran has 105 IT-based projects at hand in line with its mandate to improve transparency, responsibility and objectivity in the business environment, CBI's vice governor for IT...
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November 28,2020
The Central Bank of Iran last week granted short-term loans worth 33.1 trillion rials ($130 million) to banks in need of liquidity in the interbank market.
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November 24,2020
The Central Bank of Iran says inability of meeting the inflation target it announced earlier is likely but the CBI is doing all it can to achieve the goal, the vice governor for economic affairs...
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November 15,2020
The governor of the Central Bank of Iran Abdolnasser Hemmati again instructed the CEOs of banks and credit institutions on Thursday to enforce anti-money laundering rules with extra diligence.
In...
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November 14,2020
The Central Bank of Iran circulated a new 100,000-rial banknote with four zeroes having a light color signifying the CBI's plan to remove four zeros from the national currency.
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November 14,2020
The Central Bank of Iran says it lent to banks last week in need of liquidity by implementing open market operation.
The CBI conducted the repurchase agreement (repo) and gave 26.5 trillion rials...
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November 09,2020
With consumer price inflation galloping again in the last Iranian calendar month (Sept.22-Oct.21), the Central Bank of Iran in a report examined key factors pushing up prices and ways to control...
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November 07,2020
The Central Bank of Iran condemned a Bahraini court verdict convicting Iranian banks for alleged money laundering saying that it "lacks legal basis".
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November 04,2020
With money supply expanding at tremendous speed the growth of sight deposits in banks far outpaced term deposits in the first six months of current fiscal year (March 20- Sept.21)
This reflects...
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November 03,2020
Iran’s Money and Credit Council, the top monetary decision-making body, approved proposals from the Central Bank of Iran to improve the balance sheets of lenders.
The “cautionary policy for...
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November 03,2020
Electronic banking charges are higher than what customers pay, says the Central Bank of Iran's deputy governor for innovative technologies, elaborating the reasons behind the recent increase in...
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October 31,2020
The Central Bank of Iran has required banks to charge customers higher fees for banking operations in rial and electronic banking services.
New banking fees will be implemented from Nov. 22, the...
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October 30,2020
The Central Bank of Iran said it injected $450 million into the market to help stabilize the volatile market and control foreign exchange rates.
In a press release published on its website, the...
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October 28,2020
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.
The...