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. 

  • New CBI Entities Approved
    Members of Majlis Economic Commission on Sunday approved the formation of new specialized committees within the Central Bank of Iran for reviewing articles related to long-awaited bank reforms....
  • CBI Consults Experts
    Governor of the Central Bank of Iran Abdolnasser Hemmati late Saturday sat down with a group of economic experts and university professors to review the country’s latest economic developments,...
  • Fresh Banking Troubles for Iranians in China
    The past year has been especially difficult for Iranians working or studying in China due to financial...
  • Banking Reform Bills in MPs’ Crosshairs
    Members of the Iranian Parliament’s economic commission on Saturday continued reviewing articles of long-awaited reform bills targeting the country’s ailing banking system in addition to its...
  • CBI Moves to Regulate Leasing Firms
    The Central Bank of Iran has recognized leasing firms as separate entities from monetary players, potentially opening a new chapter in the country’s lending sector. According to the secretary-...
  • New Appointments at CBI
    Abdolnasser Hemmati, the governor of the Central Bank of Iran, on Monday officially appointed Farhad Hanifi the new deputy for supervisory affairs. He replaces Farshad Heidari who was selected as...
  • Historic Day for Iranian Fintechs: Six Firms Authorized
    Shaparak Company, the Central Bank of Iran’s arm for operating the country’s payment network, on Saturday signed an agreement with six major fintech firms– the first such firms to work within CBI’s...
  • Islamic Banking Confab Wraps Up
    The 29th edition of the Islamic Banking Conference came to a close with the release of an official statement on Sunday. Several high-ranking officials, including the Central Bank of Iran Governor...
  • CBI Declares War on Liquidity
    The Central Bank of Iran has vowed to curb the rising tide of liquidity, which he blamed as the source of all market volatility, including a currency crisis that has seen the rial drop to record...
  • Banks Lagging Behind AGM Schedule
    More than a month has passed since the July 22 deadline set for Iran’s banks and credit institutions to finalize their financial statements and hold their annual general meetings, but only a...
  • CBI Expected to Lift Crypto Ban
    When the Central Bank of Iran announces its new regulatory frameworks concerning virtual currencies, it is expected to lift a previous blanket ban on cryptocurrencies. Nasser Hakimi, CBI's deputy...
  • CBI Sets FX Deposit Terms
    The Central Bank of Iran on Saturday notified a directive to the banking system, which sets foreign currency deposit interest rates and doubles down on the previous promise of guaranteed returns...
  • Iran, Italy Maintain Banking Ties Despite Sanctions
    Albeit facing many barriers at a low level, banking ties between Iran and Italy have not been fully severed despite the fact that the first round of US sanctions has snapped back, the president of...
  • CBI Moves to Sideline USD
    As part of the latest measure to ditch the US dollar from the country's transactions, the Central Bank of Iran has removed the American currency from the list of Sanarate.ir, the website reporting...
  • CBI Outlines Top Priorities
    The governor of the Central Bank of Iran, who took the reins of the policymaking body late last month, has outlined his top priorities for solving the problems and instilling stability in the...
  • Central Bank of Iran Against Market Intervention
    Central Bank of Iran's Governor Abdolnasser Hemmati said the regulator's policy under his watch continues to be non-intervention in the foreign exchange market. "We have said repeatedly that we do...
  • Capping Bank Numbers on  CBI Agenda
    The Central Bank of Iran seeks to halt an increase in the number of banks and is open to merger proposals, a deputy governor of CBI said. “Based on the country’s large-scale policies, there are...
  • UniCredit Expects Deal With US Over Iran Sanctions Violations
    Italy’s biggest bank UniCredit expects to reach a deal with the United States in a dispute over alleged sanctions violations in Iran in the coming months, its CEO said on Tuesday.  “We are...
  • CI Affirms EDBI Rating
    Capital Intelligence Ratings, the international credit rating agency, announced that it has affirmed the Financial Strength Rating of the Export Development Bank of Iran at ‘BB-’ with a negative...
  • Russian Bank to Finance Iran-Bound Exports
    The Export Development Bank of Iran has signed a deal with Moscow’s Mir Business Bank to finance the import of essential goods from Russia.The contract provides Iran with €10 million, covering the...
  • MPs Start Scrutinizing Banking Reform Bill
    Members of Majlis Economic Commission have commenced the process of reviewing articles of the Majlis motion to undertake long-awaited reforms in Iran's banking system and bestow the central bank...
  • Online Forex System for Knowledge-Based Firms
    The Central Bank of Iran has established an exclusive online system to allocate foreign currencies at cheap government rates to innovative and knowledge-based firms in collaboration with the...
  • German Central Bank Moves to Prevent Iran Cash Repatriation
    Germany’s central bank, Bundesbank, has revised its regulations to stop Iran from withdrawing €320 million ($400 million) in cash from the country’s bank accounts.  Under the new conditions,...
  • Bank Branches in Iran Double Mena’s Average
    A new report by Tehran Chamber of Commerce, Industries, Mines and Agriculture highlights the fact that Iran’s banks and credit institutions have too many branches compared to both international and...
  • Iran to Establish  Development Bank
    Iran Development Bank will be established in the foreseeable future to meet the country's production and manufacturing needs and foster job creation and thwart the fallout of the reimposition of US...

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