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 15, 2020 16:38
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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... -
September 03,2019Central bank governors of Iran and Syria on Monday discussed bilateral banking issues and prospects for setting-up a joint bank to facilitate financial ties. The two sides reviewed banking... -
September 02,2019The Central Bank of Iran is now focused on the upcoming open market operation hoping that the monetary policy would help curb inflationary effects of the ballooning liquidity because previous... -
August 31,2019Governor of Central Bank of Iran says the bank has been working hard to reform the banking system long grappling with mismanagement and financial indiscipline. Addressing participants in the... -
August 30,2019Monthly reports of Central Bank of Iran again speak of liquidity growth since the beginning of the present calendar year on March 20. The CBI’s latest report shows a 25.1% growth in liquidity by... -
August 28,2019Bank Keshavarzi Iran, the state-owned lender to the agriculture sector, plans to lend 520 trillion rials ($4.6 billion) to agriculture projects by next March, the bank CEO said. Speaking to the... -
August 26,2019Total deposits with Iranian banks and credit institutions stood at 21,311.2 trillion rials ($190.27 billion) at the end of the second calendar month to May 21, according to a report by the Central... -
August 25,2019Governor of the Central Bank of Iran says people are more optimistic now about the improving economic conditions than they were six months ago. Referring to efforts to enhance domestic production... -
August 23,2019State-owned Bank Melli Iran has granted 7,612 debt purchase applicants facilities worth 11.78 trillion rials ($100.7 million) in the first four months (March 21-July 22) of the current fiscal year...
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August 20,2019Leaving behind months of rainy days, Iran’s economy is showing signs of improvement in major variables, governor of the Central Bank of Iran said on Monday. Speaking on prime time state TV,...
