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.
September 05, 2020 22:12
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December 11,2019The Computer Emergency Response Coordination Center (MAHER), affiliated to the Telecoms Ministry, has identified and blocked 950 suspicious payment gateways since the beginning of the current... -
December 10,2019In line with provisions of anti-money laundering guidelines, the Central Bank of Iran has further tightened rules for daily bank transactions. As per the new regulations, transactions via all... -
December 10,2019The Central Bank of Iran has offered 70 trillion rials ($500 million) in loans since the beginning of the current Iranian year (March 21) to help emerging startups and knowledge-based companies... -
December 07,2019Bank 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... -
December 06,2019An unprecedented bank merger is underway in Iran since last March in which five banks and credit institutions affiliated to military organization are being merged with the state-owned Bank Sepah... -
December 03,2019Banks have significantly cut borrowing from the Central Bank of Iran as the numbers declined more than 40% compared to the same period last year, the CBI governor said. Instead of borrowing from... -
November 27,2019The Money and Credit Council - a top body in charge of making monetary and banking decisions - approved a plan dubbed as the ‘productive credit certificate’ better known by its Persian acronym Gam... -
November 24,2019The Central Bank of Iran has developed a new platform, Diba, to supervise open banking operations, says Aboutaleb Najafi, CEO of Informatics Services Corporation, noting that regulated forex market... -
November 23,2019More than 22,630.7 trillion rials ($191 billion) in deposits were held by banks and credit institutions during the month to August 22, according to a Central Bank of Iran report. Total value of... -
November 22,2019Banks have to keep abreast of innovative technologies mainly when it comes to payment instruments to be able to maintain their fair share of the payment market, says the managing director of... -
November 20,2019The nationwide payment settlement network, Shaparak, announced Wednesday that it continues blocking Iranian Point of Sale devices operating abroad. Extending a series of efforts launched since... -
November 12,2019Data from the Central Bank of Iran shows lenders are working to cut extra and unwanted branches over the past two quarters. Banks and credit institutions shuttered 438 branches since the... -
November 11,2019Soon after a call by President Hassan Rouhani, the Central Bank of Iran has published a report on its website that sheds light on the amount of subsidized currency allocated for importing essential... -
November 10,2019There are more than 22,000 bank branches in Iran, about half of which are not needed, a deputy minister of economy said on Sunday. Abbas Memarnejad, the deputy economy minister for banking,... -
November 09,2019Governor of the Central Bank of Iran says making the one-time password mandatory for banks is not possible now due to the problems of both lenders and customers. In an Instagram post late... -
October 21,2019Despite the deep compulsions to work for verifiable efficiency in key economic sectors at a time when the economy is saddled with mounting pressure due to US hostility and sanctions, startling... -
October 20,2019Governor of the Central Bank of Iran commended the role of the private sector in helping the economy to survive the harsh economic penalties imposed by the United States government. Abdolnasser... -
October 04,2019In line with efforts to help promote corporate governance and protect the rights of bank depositors and shareholders, the Central Bank of Iran has announced restrictions on ownership of banks’... -
October 02,2019The national currency is 40% stronger than the last fiscal year (ended March 20), says Abdolnasser Hemmati, governor of the Central Bank of Iran. He made the statement in a note posted on his... -
October 02,2019Bank Mellat received compensation it had demanded on the UK after the lender won a court case against the UK Treasury in June. In a letter to the Securities and Exchange Organization, the lender... -
September 29,2019The Central Bank of Iran has resumed rating lenders based on their performance in corporate governance and the level of their progress in digital banking, according to a CBI official familiar with... -
September 21,2019Senior bank and government officials have belittled the new US sanctions imposed Friday on Iran’s central bank, unanimously branding the move as a visible sign of desperation by Donald Trump and... -
September 18,2019The governor of the Central Bank of Iran, Abdolnasser Hemmati, appointed Mehran Moharamian as the new vice governor for IT affairs. -
September 15,2019The Supreme Council of Economic Coordination extended the authority of the central bank governor, Abdolnasser Hemmati, for one more year to intervene and regulate the foreign exchange market, the... -
September 07,2019The plan to merge five military-affiliated banks and credit institutions has entered the next phase after majority ownership of the merging entities was transferred to state-run Bank Sepah, CEO of...
