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.
Central Bank of Iran (CBI) has reported that Iranian banks are planning to establish their representative offices in three European countries of Britain, Italy and Germany.
Central Bank of Iran (CBI) Chief Valiollah Seif announced plans for a comprehensive reform of the country’s financial sector, including changes in laws and regulations of the banking sector and the Central Bank.
US payment of $400 million of Iranian money which sparked outcry among American politicians has been followed by another transfer of $1.3 billion, media reports say.
The US-based multinational financial services corporation MasterCard has rejected the recent reports on its cooperation with Iran.
Iran is about to introduce credit card services processed by global payment operator MasterCard for the first time, Communications and Information Technology Minister Mahmoud Vaezi says.
Iran’s Minister of Communications Mahmoud Vaezi said the time is ripe for mutual cooperation between the two countries in the fields of e-commerce and financial post services.
Iranian Foreign Minister Mohammad Javad Zarif says there is no obstacle in the way of the expansion of banking relations between Iran and Pakistan.
A meeting between officials from the Central Bank of Iran (CBI), the US Treasury and international banks in London to discuss banking restrictions on trade with Iran despite a lasting nuclear deal between Tehran and world powers has been delayed, the British government said.
An Iranian official says the Tehran Stock Exchange (TSE) is joining the World Federation of Exchanges (WFE).