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
-
July 31,2018Foreign exchange rates in Tehran's unofficial market declined in a sign that the bull run has slowed, following the Central Bank of Iran's announcement that it will soon unveil a package of new... -
July 30,2018The government has given the go-ahead to Road Maintenance and Transportation Organization to issue 6 trillion rials ($136 million) of Islamic debt securities to finance its operations. The Economic... -
July 30,2018Abdolnasser Hemmati, the newly-appointed governor of the Central Bank of Iran, said the ongoing volatility in the currency and gold markets is "unusual" and a byproduct of "enemies' conspiracy". ... -
July 29,2018Newly-appointed governor of the Central Bank of Iran, Abdolnasser Hemmati, met with the chief executives of banks and credit institutions to review challenges facing the banking system and carve... -
July 27,2018Abdolnasser Hemmati, the newly-appointed governor of the Central Bank of Iran, has in his first comments as the country's top monetary policymaker pledged to promote the country's economic growth... -
July 25,2018The Cabinet on Wednesday agreed to appoint Abdolnasser Hemmati as the new governor of the Central Bank of Iran, a move widely seen as the first step in the widely expected reshuffle of President... -
July 23,2018The Central Bank of Iran, the lending sector’s top regulator, plans to use its authority to bring the rogue credit cooperatives into line within two months, the CBI’s deputy for supervisory affairs... -
July 22,2018Average yield to maturity in the Iranian debt market has jumped in recent months and is now hovering above 27%. The uptick is mainly due to lower demand for bonds caused by the growing attraction... -
July 18,2018Officials at the Central Bank of Iran have announced the decision to change interbank interest rates in a move that will subsequently impact deposit interest rates, a senior official at the Tehran... -
July 17,2018The Iranian Association of Islamic Finance has signed a memorandum of understanding to expand cooperation with REDmoney, a leading company organizing events on the Islamic financial markets across... -
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... -
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... -
July 15,2018A new platform has been launched to facilitate interactions between the Iranian Cyber Police (FATA) and Iran Fintech Association. “It aims to serve as a channel of safe and quick communications... -
July 14,2018Just weeks before US reimposes sanctions on Iran, the Indian government has approved a proposal from Iranian private lender Bank Pasargad to open a branch in Mumbai. According to Indian Express,... -
July 13,2018The Central Bank of Iran has sent a directive to the banking system announcing that fees levied on payments made through mobile phones have been eliminated, in what can be interpreted as a blow to... -
July 11,2018A senior Central Bank of Iran official said the bank is conducting studies to "revise" interest rates in the banking system. "However, the evaluation of monetary variables and interest rates in... -
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... -
July 03,2018CEO of Bank Melli Iran, Mohammad Reza Hosseinzadeh, said the US pullout from the 2015 Iran nuclear deal has failed to undermine the bank’s overseas operations. “The US withdrawal from JCPOA will... -
July 02,2018Candidates attending international exams are eligible to apply for foreign currency at the official rate, the Central Bank of Iran said in a letter to the National Organization of Educational... -
July 02,2018A total of 38,101 deals worth more than 64.05 quadrillion rials ($1.51 trillion) were conducted in Iran's interbank market during the previous fiscal year that ended on March 20, 2018, the Central... -
July 02,2018The initiative to reform the country’s banking system is in its final stage with financial stability being at the core of the measures, the vice governor of the Central Bank of Iran said. Akbar... -
July 01,2018The Central Bank of Iran on Sunday published the full list of companies that have received foreign exchange for imports at the preferential rate of 42,000 rials. The move comes after public... -
June 30,2018The Majlis Economic Commission has put in motion three plans to improve the country’s economic conditions, all of which concern the ailing banking system and will materialize in a matter of months... -
June 26,2018President Hassan Rouhani announced on Tuesday that he has ordered the Central Bank of Iran and the Ministry of Industries, Mining and Trade to publish the list of all individuals and firms that... -
June 26,2018Established in early 2018, Iranian startup "Finto" is an online payroll management system, promoting workplace transparency. Farabi Accelerator developed by Shahid Beheshti University has provided...
