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.
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October 12,2018Data released by the Central Bank of Iran Thursday show that the regulator increased its foreign assets by 28% during the fifth calendar month ending August 22. According to the monetary and... -
October 10,2018Those wanting to establish business in the monetary market, namely establishing credit institutions, setting up branches and offices, attracting public deposits in any form, offering payment, and...
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October 07,2018Privately-owned banks have expressed readiness to establish a joint bank with Iraq, said the head of Iran-Iraq Chamber of Commerce. Speaking to IBENA, Yahya Al-e Es’haq said the bank would...
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September 28,2018The value of foreign currency accounts in local banks has exceeded $10 million, following increasing public interest in such accounts, the Central Bank of Iran reported on Thursday. Annual...
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September 24,2018Banks and credit institutions allocated 2.4 quadrillion rials ($16.82 billion) to various sectors during the first five months of the current fiscal that ended on August 22, the Central Bank of...
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September 23,2018The Central Bank of Iran issued 20 permits as of Saturday for banks and credit institutions to hold their annual general meetings for the previous financial year that ended in March. According to...
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September 14,2018Bank lending increased 3.3% in volume during the four months to July 22, the latest figures showed. IRIB News reported that Iranian banks and credit institutions granted 1.1 quadrillion rials ($8....
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September 11,2018Governor of the Central Bank of Iran Abdolnasser Hemmati late Monday met with chief executives of banks and credit institutions to evaluate the country’s monetary and banking developments and...
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September 09,2018The past year has been especially difficult for Iranians working or studying in China due to financial...
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August 26,2018More 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...
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August 12,2018The 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...
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August 08,2018Italy’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...
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August 03,2018Germany’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,...
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August 01,2018A 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...
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August 01,2018Iran 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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July 16,2018The chief executive of Bank Refah said limited overseas operations and rising inflation driven mainly by the recent currency crisis will pose major challenges to the banking sector in the coming...
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July 16,2018Russia is looking to establish a regional payment network in the foreseeable future and Iran can become a member if it meets the technical requirements, the chief executive of Informatics Services...
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July 11,2018Members of Iran’s Parliament have ratified a single-urgency plan containing seven articles that propose measures to nullify or weaken the impact of sanctions the US plans to reimpose on the country...
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June 20,2018The second and final day of the Conference on Monetary and Foreign Exchange Policies came to a close in Tehran on Wednesday after focusing on structural reforms, mostly in the banking system, with...
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June 20,2018Since US President Donald Trump pulled out of the nuclear agreement with Iran, formally known as the Joint Comprehensive Plan of Action, the EU has been looking for ideas to prevent the worst: the...
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June 20,2018Ongoing currency issues and the prospect of US reimposition of sanctions took a back seat on Tuesday at the annual Conference on Monetary and Foreign Exchange Policies in Tehran. Instead,...
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June 12,2018The number of bank branches per capita increased by 42% over the 15-year period in the Iranian year ending March 20, 2017, according to the latest figures published by the Statistical Center of...
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June 11,2018Chief executives of some of Iran's biggest banks have met with the newly-elected mayor of Tehran, Mohammad Ali Afshani, to reach agreement on reclaiming billions of dollars in liabilities owed by...
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June 10,2018In spite of all efforts to boost economic ties with Qatar, Iran’s only active bank in the Arab nation, Bank Saderat, is still facing serious hurdles, according to its chief executive. “We have...
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May 30,2018Iran’s banking sector is pressing ahead with overseas business despite the shadow of sanctions’ revival looming over it, after the US unilaterally withdrew from the 2015 nuclear deal early this...
