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 Melli to Begin Exchange Transfers for Iranian Expatriates

Gholam-Reza Panahi, the deputy governor for currency affairs at the Bank Melli of Iran (BMI), said that the bank is ready to receive foreign...

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...

Security Council removes Bank Sepah, Bank Sepah Int’l from 2231 list

The UN Security Council in New York removed names of Iran’s Bank Sepah and Bank Sepah International from the 2231 List after concluding its consideration of the de-listing request.
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.
Khazai

Iran to invest in New Development Bank

A deputy economy minister has said that efforts to develop Iran-Brazil ties have gained momentum and that the two countries have inked deals on customs, double taxation and joint ventures.
Bank Melli

Iran, Azerbaijan plan to establish joint bank

The minister of communications and information technology has said that a number of Iran's private banks are interested in entering Azerbaijan's banking market.
Iran-UK-Banks

Two Iranian banks to start operating in UK soon: CBI head

The CBI governor has said that Iran and Britain seek to exchange banking delegations in order to pave the way for cooperation between Iranian and British banks.
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Official invites Japanese banks to launch branches in Iran

Iran’s free trade zones are appropriate for the establishment of branches of Japanese banks and insurance companies, said Afkhamirad in a meeting with a top Japanese delegation.
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Germany to set up Bank in Iran: Official

According to the regulations of free trade zones, foreign investors can establish new banks or bank branches in these zones, Seif said.
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.

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