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May 14,2018
After 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 13,2018
Minister 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 12,2018
The 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 12,2018
Iran’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 11,2018
Iran’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 07,2018
Croatian 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 07,2018
Four 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 02,2018
Reports 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 30,2018
The 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 29,2018
Following 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 28,2018
The Central Bank of Iran has released new guidelines for the way banks' capital adequacy ratios are calculated.
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April 28,2018
When 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 25,2018
Iranian 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 24,2018
Iran'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 20,2018
As 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 20,2018
Iran’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 20,2018
Lawmakers 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 14,2018
Lack 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 11,2018
The 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 18,2018
The 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...
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December 26,2017
Four Iranian banks have signed a deal based on which the Russian Exim-bank will provide funds "without a ceiling"
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December 18,2017
The total value of Iranian banks' foreign assets stood at 2.69 quadrillion rials ($64.33 billion) by...
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November 20,2017
A senior Iranian official announced that there are no significant banking issues with China...
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September 22,2017
In what were the first finance deals clinched with cautious European banks...
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September 20,2017
Austria's Oberbank signed a finance deal worth €1 billion with