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.
November 12, 2019 19:25
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January 13,2019To claim a share of Iran’s growing fintech market, Bank Mellat has launched an innovation center to help promote the application of smart technologies in banking. ‘Polwinno’ will offer startups... -
January 12,2019The Plan and Budget Organization has released an analytical report on the performance of banks in fiscal 2017-18. It gives poor marks to the banks’ overall performance in comparison to their... -
January 11,2019Blockchain technology is set to decentralize mechanisms governing the world’s financial systems and the Central Bank of Iran has focused efforts on studying ways to benefit from that technology,... -
January 11,2019The Central Bank of Iran has sent a directive to banks and credit institutions obliging agent banks to accept Islamic bonds as collateral from contractors of development projects. The measure... -
January 09,2019Tose'e Etemad Mobin, parent company of Telecommunication Company of Iran, is to issue 5 trillion rials ($46 million) worth of equity-based Ijarah sukuk on Iran Fara Bourse (an over counter market... -
January 07,2019The governor of Central Bank of Iran says the initiative to remove four zeros from the national currency will take up two years because first the legal and technical infrastructure must be in place... -
January 01,2019In its latest directive, the Central Bank of Iran, on Tuesday urged exporters to return their export earnings to "the country's economic cycle'' as their three-month deadline comes to an end. The... -
December 31,2018Fitch Ratings, the international ratings agency, has said in a report that Iran's banking supervisory authority will benefit from two bills sent by President Hassan Rouhani to parliament to push... -
December 30,2018According to a report by the Central Bank of Iran, about 6.3 million checks worth 619 trillion rials ($5.6 billion) were cleared by banks in the Iranian month Aban (Oct. 23-Nov.21) -- showing 0.19... -
December 23,2018A new decision approved by the Money and Credit Council obliges Iranian banks and credit institutions to pay interest on deposits on a monthly basis, calculating the minimum balance in a month as... -
December 23,2018As China’s Bank of Kunlun officially resumed its transactions with Iran after a one-month pause this week, the bank's scope of work falls short of what Iranian businesses had hoped for as the bank... -
December 21,2018The governor of the Central Bank of Iran says important developments in banking and trade will take place following talks between the presidents of Iran and Turkey. -
December 19,2018Total assets of the Central Bank of Iran reached 7.1 quadrillion rials ($ 70.1 billion) in the first seven months of current fiscal year, registering 27.8% growth year-on- year and 16.1% growth... -
December 17,2018Establishing a supervisory body within the Central Bank of Iran is a significant aspect of the new banking reform bill, says the head of the Majlis Economic Commission. Mohammad Reza Pour-... -
December 15,2018The Central Bank of Iran is ready to buy at negotiated rates the foreign currency of exporters whose earnings are blocked in other countries due to the US sanctions, says the CBI deputy chief for... -
December 14,2018Independence of the Central Bank of Iran lies at the heart of a new set of regulations known as Central Bank Bill, says the head of the Majlis Economic Commission. The bill is part of wider... -
December 11,2018Economic experts have commended the monetary and banking measures taken by the Central Bank of Iran to augment transparency and stability in the foreign exchange market, emphasizing that such... -
December 10,2018The main Iran-China banking channel is functioning after China's Bank of Kunlun resumed services for Iranians on Monday, deputy president of Iran-China Chamber of Commerce and Industries said. ... -
December 03,2018The Majlis speaker says reforms to the central bank law proposed by the government to overhaul the dysfunctional banking system has been reviewed in the relevant committees and is awaiting a final... -
December 02,2018Governor of the Central Bank of Iran has sent a directive to banks and credit institutions asking them to come up with a plan to improve their capital adequacy ratio. Abdolnasser Hemmati said... -
December 01,2018A court in Germany has ordered Deutsche Telekom, a partly state-owned telecom provider, to reactivate phone and internet services for the Hamburg branch of Bank Melli Iran. -
November 28,2018After nearly a one-month hiatus prompted by US sanctions, China is resuming its banking relations with Iran, President of Iran-China Chamber of Commerce and Industries said. Asadollah Asgaroladi... -
November 21,2018Iranian banks and credit institutions lent 3.58 quadrillion rials ($27.33 billion) to various sectors during the first seven months of the current fiscal that ended on October 22, the Central Bank... -
November 20,2018The Central Bank of Iran in its latest report said debts of banks and credit institutions to the CBI totaled 1.5 quadrillion rials ($11.32 billion) in the calendar month September 22, up 37.3% year... -
November 18,2018Approved by the Supreme Council of Economic Coordination, the much-touted banking reform plan has officially been put into motion by the Central Bank of Iran. During the council’s last meeting,...
