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.

CBI Chief: Europe, US Failed to Meet Commitments on JCPOA

Central Bank of Iran (CBI) Chief Valiollah Seif censured certain Western countries, the US in particular, for failing to meet their commitments under a nuclear deal between Tehran and six world powers (also known as the JCPOA).
majid Takhte Ravanchi

Any Request for Banking Guarantees in Ties with Europe Is Nonsense: Official

A senior Iranian official has dismissed a recent report that European banks had asked Iran to provide guarantees to compensate for possible future penalties imposed by the US for resuming banking activities with Iran. Text from IRNA, translated by IFP.

Javan: European Banks Demand $15bn from Iran

On Friday May 13, US Secretary of State John Kerry met with heads of 10 European banks. According to a report by Javan newspaper,...

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.

JCPOA Should Help Implementation of “Resistance Economy”

Iran’s Hassan Rouhani has urged that the opportunities provided by the JCPOA be taken advantage of to improve interaction with the world and the implementation of “Resistance Economy.”

Pasargad wants to become ‘global bank’

Pasargad Financial Group, which owns Iran's second largest bank, is considering selling its shares in energy entities in a sign of improving business environment.

Iran and China Discuss Cooperation on Fighting Corruption

In a meeting in Beijing on Wednesday May 11, the Head of Iran's General Inspectorate Organization, Nasser Seraj, and China's Public Prosecutor Cao Jianming, discussed broadening relations, especially a campaign against financial corruption.

No Government Can Decide on Another Country’s Assets: Rouhani

Iran’s President Hassan Rouhani criticized a recent decision by the US to seize nearly $2bn of Iranian money, stressing that no country can make decisions about the assets of another state.

US to Allay British Banks’ Concerns about Ties with Iran

US Secretary of State John Kerry is planning to hold talks with representatives of a number of British banks this week in London in a move to allay their concerns about forging ties with Iran.

Iran Facing No Major Problem in Selling Oil: Official

There is no major obstacle to the sale of Iranian crude in international markets, an Iranian deputy oil minister for international affairs and marketing said.

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