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.
-
January 20,2019The Majlis Research Center has a positive opinion about the government decision to launch the Open Market Operation enshrined in the next fiscal that starts in March, calling the move “a critical... -
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 02,2019In next year's proposed budget the government is allowed to securitize up to 200 trillion rials ($2 billion) of its debts to banks. This is as per the provisions of Note 5 of the budget bill and...
-
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 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 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...
-
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 10,2018As the interbank messaging system SWIFT prepares to formally announce the names of Iranian banks that will be disconnected from its platform, it is not clear how the outside world intends to...
-
November 05,2018President Hassan Rouhani said Monday the US will indeed regret its decision to abandon the nuclear deal and reimpose sanctions as Iran will work to keep foreign investment flowing into the country...
-
November 04,2018The government is exploring new ways to bypass US sanctions and find banking channels to Europe, China, and Russia for oil exports and financial transactions, says Asadollah Qarekhani, spokesman of...
-
November 02,2018The government has outlined new tasks for state-owned companies, banks and for-profit institutions as part of a directive for the next fiscal (March 2019-20) budget. As per the directive issued by...
-
October 30,2018Central bank data says total lending by the banking system reached 13.23 quadrillion rials ($89.4 billion) during the 12 months to July 22.The figure was 29% higher year on year. The amount was 5....
-
October 26,2018The banking system lent more than 36 trillion rials ($261.8 million) to 1,043 knowledge-based companies during the first half of the current fiscal (March-September), the Central Bank of Iran said...
-
October 24,2018Members of the Majlis Economic Commission continued their review of the much-discussed Banking Reform Bill on Tuesday during which articles related to corporate governance in banks were ratified,...
-
October 24,2018An official with the Iran-China Chamber of Commerce and Industries denied reports that China's Bank of Kunlun has severed ties with its Iranian customers. Majid Reza Hariri said Bank of Kunlun has...
-
October 21,2018Banks and credit institutions lent 3.03 quadrillion rials ($22.13 billion) to various sectors during the first six months of the current fiscal that ended on September 22, the Central Bank of Iran...
-
October 19,2018Debts of banks to the Central Bank of Iran have been rising at an alarming rate in recent years and the issue has become a major challenge for the banking system because the unpaid debts are a...
-
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...
-
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...
-
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...
-
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...
Pages
