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.
September 05, 2020 22:12
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February 06,2019Iran and Iraq signed an agreement Tuesday to establish a monetry channel for facilitating payments between the two countries. The agreement was signed by the governors of the Central Banks of Iran... -
February 05,2019As part of its plans to reform the limping banking sector, the government has launched a program to sell excess property of state banks. According to the Economy Minister Farhad Dejpasand, a one-... -
February 05,2019In the wake of a single urgency bill approved this week by the Majlis to tax the income of the Central Bank of Iran, the bank issued a statement late Monday, indicating that the legislation comes... -
February 01,2019The Nourbakhsh Award ceremony was held Wednesday on the sidelines of the Eighth Conference on Electronic Banking and Payment Systems organized by the Monetary and Banking Research Institute. The... -
January 29,2019The Eight Conference on Electronic Banking and Payment Systems opened at Tehran’s iconic Milad Tower on Tuesday. The two-day event, organized by the Monetary and Banking Research Institute, was... -
January 29,2019The Central Bank of Iran unveiled a draft of its cryptocurrency policy late on Monday, calling on experts and stakeholders in the area of virtual currencies to comment and send their views on the... -
January 27,2019Lawmakers on Monday put on hold a decision to tax the foreign exchange revenues of the Central Bank of Iran after the CBI governor asked them to rethink the move. Lawmakers wanted to amend a... -
January 23,2019The Central Bank of Iran is working on the legal framework to launch the promised regulated foreign exchange market in two weeks, the CBI governor said. In a primetime interview with state TV... -
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 18,2019The Central Bank of Iran is going to launch a mechanism for tracking forex allocated to the import of essential goods to ensure importers fulfill their commitments for which they acquired foreign... -
January 13,2019Shaparak, Iran's domestic electronic payment network, handled 18.55 billion transactions in the Iranian month of Azar (Nov. 22-Dec.21) worth 2,000 trillion rials ($17 billion). According to a... -
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 12,2019The Plan and Budget Organization has released an analytical report on the performance of banks in fiscal 2017-18. It gives poor marks to the banks’ overall performance in comparison to their... -
January 11,2019The Central Bank of Iran has sent a directive to banks and credit institutions obliging agent banks to accept Islamic bonds as collateral from contractors of development projects. The measure... -
January 11,2019Blockchain technology is set to decentralize mechanisms governing the world’s financial systems and the Central Bank of Iran has focused efforts on studying ways to benefit from that technology,... -
January 09,2019Tose'e Etemad Mobin, parent company of Telecommunication Company of Iran, is to issue 5 trillion rials ($46 million) worth of equity-based Ijarah sukuk on Iran Fara Bourse (an over counter market... -
January 07,2019The governor of Central Bank of Iran says the initiative to remove four zeros from the national currency will take up two years because first the legal and technical infrastructure must be in place... -
January 01,2019In its latest directive, the Central Bank of Iran, on Tuesday urged exporters to return their export earnings to "the country's economic cycle'' as their three-month deadline comes to an end. The... -
December 31,2018Fitch Ratings, the international ratings agency, has said in a report that Iran's banking supervisory authority will benefit from two bills sent by President Hassan Rouhani to parliament to push... -
December 30,2018According to a report by the Central Bank of Iran, about 6.3 million checks worth 619 trillion rials ($5.6 billion) were cleared by banks in the Iranian month Aban (Oct. 23-Nov.21) -- showing 0.19... -
December 23,2018A new decision approved by the Money and Credit Council obliges Iranian banks and credit institutions to pay interest on deposits on a monthly basis, calculating the minimum balance in a month as... -
December 23,2018As China’s Bank of Kunlun officially resumed its transactions with Iran after a one-month pause this week, the bank's scope of work falls short of what Iranian businesses had hoped for as the bank... -
December 21,2018The governor of the Central Bank of Iran says important developments in banking and trade will take place following talks between the presidents of Iran and Turkey. -
December 19,2018Total assets of the Central Bank of Iran reached 7.1 quadrillion rials ($ 70.1 billion) in the first seven months of current fiscal year, registering 27.8% growth year-on- year and 16.1% growth... -
December 17,2018Establishing a supervisory body within the Central Bank of Iran is a significant aspect of the new banking reform bill, says the head of the Majlis Economic Commission. Mohammad Reza Pour-...
