Finance

News and opinion on the banking and finance sectors domestically and abroad. It includes national-level policy-making, the Central Bank of Iran, the stock exchange, as well as private actors in the field.

Bank

Presence of foreign banks spurs competitiveness: MP

An Iranian MP has said that foreign bank presence in Iran would infuse liquidity into the national economy which could help production flourish, if managed properly.
06-SA-SME (2)

Banks Ordered to Allocate 10% of Loans to SMEs

The Central Bank of Iran has ordered banks and credit institutions to allocate a minimum of 10% of their loans to small and medium-sized businesses in a move to help create jobs and boost the beleaguered production sector.

Banking relations between Iran and Turkey go back to normal

Iran's Ambassadorto Turkey Ali-Reza Bigdeli announced banking relations between the two countries go back to normal and Bank Mellat will resume its operations in...
Tahmasb Mazaheri

China won’t return Iran’s oil money even after a deal: Former top banker

Under a deal the Ahmadinejad government signed with the Chinese, the Chinese have been entrusted with holding Iran's assets.

Workgroup Recommends SNSC ‘Address US Seizure of CBI Assets’

The government’s Special Workgroup on the US Seizure of Central Bank Assets has drafted a report of the developments on the US encroachments on the Central Bank assets.
Zarif

US Seizure of Iran’s Assets is ‘Banditry’: Iranian FM

Iranian Foreign Minister Mohammad Javad Zarif denounced the US government’s moves to seize or put freezes on Iran’s assets abroad as a plain case of international banditry.
bank-munich

Iranian Banks to Open Branches in Munich

German media say three Iranian banks plan to open branches in Munich in the near future in what is expected to help stimulate business ties between the two countries.
global-deal

Agreements Worth Over $35bn Reached Between Iran and Foreign Banks

A senior Iranian official said on Sunday June 12 that so far several agreements, worth $35 billion, have been reached between Iran and large global banks.
Valiollah Seif

Iran Ready to Boost Banking Ties with Singapore: CBI Chief

Governor of Central Bank of Iran (CBI) Valiollah Seif, who is on an official visit to Singapore, voiced the Islamic Republic’s readiness to boost banking cooperation with the Southeast Asian country.

CBI to Chair IFSB

Central Bank of Iran has been appointed as the director of Islamic Financial Services Board (IFSB) in 2017.

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