Deposit Rates in Iran
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July 15,2020The Money and Credit Council has allowed lenders to raise interest on term deposits, a move seemingly to curb the scale and scope of money flooding into some financial markets and to avoid further... -
February 19,2020The total time deposits in the banking system reached 2,796 trillion rials ($19.8 billion) by Dec 21, registering 24.2% growth compared to the same period in 2018. Central Bank of Iran data...
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July 22,2019A report on loans made by and deposits with banks and credit institutions says total deposits stood at 20,825 trillion rials ($173 billion) at the end of the first calendar month to April 20. The...
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June 15,2019Deposits in Iranian banks and credit institutions totaled 20,223 trillion rials ($155 billion) during the eleven-months to Feb 19, up 32% compared to the same period a year ago. The deposits...
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April 12,2019Governor of the Central Bank of Iran Abdolnasser Hemmati has announced the bank's decision to alter the liquidity structure by curbing money supply and lowering bank rates. According to Fars News...
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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...
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September 15,2018Bank Maskan, the agent bank of Iran’s housing sector, has released the latest report on its resources and expenses, indicating that its customers mostly favor short-term deposits. According to a...
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September 09,2017The intrinsic quality of capital is that it cannot afford to stop growing, as the whole process...
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July 01,2017The highly consequential issue of Iranian bank interest rates was the main topic...
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June 19,2017A report by Iran Chamber of Commerce, Industries, Mines ...
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June 19,2017Private banks and credit institutions are in favor of lowering interest ...
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May 27,2017A member of the Expediency Council, which resolves disputes between the parliament and the...
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December 24,2016The Central Bank of Iran has issued formal warnings to 10 banks for violating interest rates...
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December 09,2016Iranian banks have no plans to further lower interest rates until the end of the current...
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October 05,2016The dual forex rate regime will come to an end within "the next two or three months", said the...
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September 27,2016The Iranian private sector’s deposits in banks and non-bank financial institutions reached...
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August 23,2016Chief executive of EN Bank denied that deposits have exited the banking system as a result of...
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June 29,2016The Money and Credit Council–the highest monetary decision-making body – voted Tuesday to lower...
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June 21,2016Mohammad Reza Hosseinzadeh, head of the Coordination Council of Public Sector Banks, announced...
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June 21,2016Bank Maskan, Iran's main housing bank, has lowered the interest rate of its mortgages by two percentage...
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June 19,2016Banks will lower lending rates in the coming days, said Central Bank of Iran governor, Valiollah Seif on...
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June 18,2016The head of the Association of Private Banks and Credit Institutions, Kourosh Parvizian, has sent...
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June 12,2016Bank Pasargad has lowered its one-year deposit rates to 16%. The bank’s previous one-year deposit...
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March 09,2016A senior banking official has predicted that another interest rate cut is likely at the beginning of...
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December 07,2015The Money and Credit Council – the highest monetary policymaker - is set to review interest rates...
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