Iran Banking News

Even though a handful of Iranian banks are fighting formidable challenges, including unhealthy balance sheets and thin capital cushions, they are not facing any existential threats, said a Central…

Money and Credit Council–a decision-making body–has called on state-owned lenders for the first time to make their financial data publicly available in line with measures to boost transparency.…

A delegation from the Central Bank of Turkey will soon meet their Iranian counterparts in Tehran to remove hurdles in the way of bilateral banking relations, particularly difficulties involving…

Iranian bank accounts in a handful of regional countries are being closed en masse due to reasons ranging from strained ties with Persian Gulf Arab states to Turkish foreign exchange policies,…

The possibility of direct transfer of money between an Italian bank and 20 other Iranian banks has been established, Tehran Chamber of Commerce, Industries, Mines, and Agriculture has announced…

The process of banks getting rid of their excess assets is gathering pace with Bank Refah Kargaran becoming the latest lender to auction its assets through the Company for Selling Banks' Excess…

As the Iranian banking system continues to grapple with the growing problem of sour loans, the governor of the Central Bank of Iran has urged lenders to direct the bulk of their efforts toward…

Banking hurdles have not hindered the agreements for the sale of new ATR aircraft to Iran, the chief financial officer of the French-Italian planemaker said.

“What is being said about…

Chief executives of state-run banks have pledged their support for President Hassan Rouhani and his economic vision for the country, as he is basking in a landslide reelection victory on May 19.…

Saman Bank, a leading private Iranian lender, Wednesday announced that it has launched a representative office in Rome.

The lender aims to promote investment…

Bank Maskan has joined the ranks of top international lenders by boosting its capital adequacy ratio significantly, announced the director of the bank's Department of Planning.

The Central Bank of Iran has called on banks and credit institutions to cease any involvement in investment funds as well as the purchase of any kind of securities and bonds, which the regulator…

Central Bank of Iran needs more authority to start merging banks, said Ali Divandari, head of the Monetary and Banking Institute.

Iranian banks must commit to increasing their capital and reaching a capital adequacy ratio of at least 8%, says a deputy economy minister.

"A minimum capital adequacy of 8% and reaching a…

Government debts to the banking sector jumped to 2.041 quadrillion rials ($64 billion) by the end of the sixth month of fiscal year (September 21), marking a 17.4% growth from the beginning of the…