banking
May 11, 2021
Currency and Gold Climb in Iran
C urrency and gold prices increased on Monday contrary to expectations of the Central Bank of Iran that rates will decline as the Iran nuclear talks in Vienna make progress. The dollar......
May 11, 2021
Lifting banking sanctions a must for nuclear negotiations to succeed: CBI
TEHRAN – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Saturday that guaranteed and conclusive lifting of sanctions against the country’s banking......
May 10, 2021
Iranian Banking Industry Wants Definite Sanctions Relief
I ran is pushing for its banking industry to be given guaranteed and conclusive sanctions relief at talks to restore the country’s nuclear deal with world powers. “The removal......
May 5, 2021
CBI allocates over $23b to provide capital for SMEs
TEHRAN – The governor of the Central Bank of Iran (CBI) has announced that one quadrillion rials (about $23.8 billion) is going to be allocated for providing working capital to......
May 4, 2021
Iran commits to $4.5 worth of loans to SMEs in year to March
Central Bank of Iran (CBI) has pledged to provide cheap loans worth $4.5 billion to small and medium-sized enterprises (SMEs) in the fiscal year to March as the government seeks to......
May 4, 2021
Hemmati says CBI allocates 100,000 bn tomans to SMEs
TEHRAN, May 03 (MNA) – According to the Governor of the Central Bank of Iran, in the current Iranian year, the Central Bank has allocated about 100,000 billion tomans to small......
May 2, 2021
Broad Money Growth at Record High in Iran
M oney supply growth made history in the last fiscal year (March 2020-21), reaching the highest in five decades spurred by the high fiscal deficit and Coivid-19. Data released by the......
April 29, 2021
Iran CBI allows import payments with crypto currencies
TEHRAN, Apr. 28 (MNA) – The Central Bank of Iran has allowed banks and licensed moneychangers to use authorized cryptocurrencies to pay for imports. The Central Bank of Iran has......
April 29, 2021
Banking Reform Bill Has MRC Seal of Approval
T he Majlis Research Center says it welcomes provisions of a bill lawmakers are debating to reform the ailing banking sector. It said the present rules were passed half a century ago,......
April 28, 2021
Banks Told to Block Transactions of Flawed IDs
T he Central Bank of Iran announced that as of April 26, the PAYA network, an electronic clearing house, has stopped processing transactions lacking full ID of bank customers. The measure......
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