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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May 27,2018The private Ayandeh Bank has continued its string of success and was recognized by Euromoney as Iran’s bank of the year in 2018. The lender received the award in a ceremony held earlier in May.... -
May 26,2018Iranian banks and credit institutions held a total of about 1.3 quadrillion rials ($30.87 billion) in non-performing loans by the end of the previous fiscal year on March 20, 2018, according to the...
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May 25,2018Iranian banks and credit institutions allocated 257.2 trillion rials ($6.13 billion) in credits during the first month of the current fiscal year to April 20, which were handed out in the form of...
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May 23,2018The Money and Credit Council approved the Central Bank of Iran’s proposals demanding a more stringent oversight of credit institutions and amendments to administrative procedures related to current...
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May 22,2018A senior member of Majlis Article 90 Commission presented the latest report on the state of non-performing loans of Iran's banking system in Tuesday's open session, which painted a highly...
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May 14,2018After reviewing Iran’s conformance to a host of international banking regulations and standards, the research arm of the parliament has noted that the country’s banking woes are rooted internally...
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May 13,2018Minister of Economic and Finance Affairs Masoud Karbasian called for increasing banking cooperation with Bulgaria, proposing that the EU member state open bank branches in Iran for facilitating...
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May 12,2018The Central Bank of Iran has allowed lenders to purchase the hard currency held by foreign tourists, transit drivers, foreign diplomatic missions based in Iran and representative offices of foreign...
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May 12,2018Iran’s banking sector has rebounded in the absence of sanctions lifted under the 2015 nuclear deal and will continue to rebuild its foreign correspondent relations despite the recent US withdrawal...
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May 11,2018Iran’s banking relations with the international community, excluding the US, will continue as usual following the United States’ May 8 withdrawal from the Joint Comprehensive Plan of Action (the...
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May 07,2018Four special committees are pursuing the liquidation of the last remaining illegal credit institutions and their main task is to identify the assets of these entities for auction, a deputy Majlis...
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May 07,2018Croatian Minister of Economy Martina Dalic called for closer cooperation to facilitate banking ties with Iran, describing them as critical to the expansion of bilateral trade. "Banking and...
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May 02,2018Reports suggest that the planned merger of two lenders, namely Mehr Eqtesad Bank and Samen Credit Institution, with Ansar Bank will take place in the coming days. According to ISNA, Samen and Mehr...
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April 30,2018The governor of the Central Bank of Iran has decried analyses linking the recent volatility in the foreign exchange market to past woes besetting the banking system. Valiollah Seif wrote on his...
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April 29,2018Following a national currency swap deal that was recently implemented, Iran and Turkey are now pursuing the integration of bank cards in a move aimed at helping the massive flow of tourists...
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April 28,2018The Central Bank of Iran has released new guidelines for the way banks' capital adequacy ratios are calculated.
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April 28,2018When top-level officials and business representatives gathered in Tehran on Saturday as part of the two-day Sixth Iran-Europe Banking and Business Forum, the shadow of US President Donald Trump’s...
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April 25,2018Iranian banks have shrunk by 0.3% in the previous quarter ending March 20 compared with the previous year, fulfilling a long-held target for an industry marked by overcapacity and rapid...
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April 24,2018Iran's state-owned banks have sold excess assets worth 135 trillion rials ($3.21 billion), which included real estate, company shares and other resources, from the beginning of President Hassan...
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April 20,2018Lawmakers have revised regulations for the ownership of non-governmental banks and credit institutions, which will remove ambiguities surrounding the ownership of these entities in the past. ...
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April 20,2018As a Swedish business delegation met with their Iranian counterparts at the Tehran Chamber of Commerce, Industries, Mines and Agriculture on Wednesday, the ambassador of the Scandinavian nation...
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April 20,2018Iran’s banking system is now preparing a new credit card scheme for supporting locally produced goods, following a previous plan that failed to take off. “In the meetings that we had with state-...
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April 14,2018Lack of banking ties is a major issue concerning Iran’s relations with Sweden as it is with most other countries.
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April 11,2018The Central Bank of Iran’s policy to cap bank interest rates at 15% effectively changed the composition of deposit contracts signed with financial institutions. A review of data published by the...
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March 18,2018The Association of Banks and Private Institutions has released a statement, assuring the public that banks and credit institutions are well-regulated by the Central Bank of Iran. The body...
