Finance

Latest Financial News in Iran – 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.

IFP Exclusive

Iran’s Economic Growth Rate Stands at 12.5 Percent: IMF

IFP Editorial Staff -
The International Monetary Fund has in its latest World Economic Outlook announced that Iran's economic growth rate in 2016 was 12.518% year-on-year and its unemployment rate rose to 12.450%, while the inflation rate fell to 9.03%.
IFP Exclusive

Governor of Iran’s Central Bank to Visit US

IFP Editorial Staff -
Governor of Central Bank of Iran, Valiollah Seif, is going to travel to the United States in order to attend the International Monetary Fund’s autumn session.
Media Wire

Iran, Turkey to Use National Currencies in Bilateral Trade

IFP Media Wire -
Iran and Turkey have signed a draft agreement to carry out trade activities based on their own local currencies instead of traditional foreign currencies such as the euro and the dollar.
IFP Exclusive

‘IMF, Int’l Banks Not Deterred by Trump’s Pressure from Working with Iran’

IFP Editorial Staff -
Iranian minister of economic affairs and finance says the US president’s recent anti-Iran remarks have had no impact on the approaches of the European and Asian banks as well as international financial institutes towards the Islamic Republic.
IFP Exclusive

Iran Can Attract $3.5 Trillion worth of Foreign Investment: CBI

IFP Editorial Staff -
The Governor of Central Bank of Iran (CBI), Valiollah Seif, says the country has the capacity to attract $3500 billion worth of foreign investment in the next two decades due to its unique geopolitical and economic conditions.
IFP Exclusive

Numerous Foreign Investors en Route to Iran: Central Bank

IFP Editorial Staff -
The governor of Iran's Central Bank says a huge number of foreign investors are on their way to Iran due to the consistent policies adopted by the Iranian government to achieve its main economic goals.
IFP Exclusive

Croatia’s Largest Bank Keen on Expanding Relations with Iran

IFP Editorial Staff -
A Croatian official says the East European state’s biggest bank has expressed willingness to deepen and expand relations with Iran.
IFP Exclusive

Iran, Azerbaijan Need to Sign Free Trade Agreement

IFP Editorial Staff -
Economic estimates indicate that Iran needs to sign a free trade agreement with Azerbaijan Republic if it wants to gain an appropriate share in the Azeri market.
IFP Exclusive

Iran, China to Promote Banking Cooperation

IFP Editorial Staff -
Iranian and Chinese officials have called for expanding cooperation between the two sides’ banks in different fields.
IFP Exclusive

Which Markets in Iran Are Most Profitable?

IFP Editorial Staff -
Which are the most profitable markets for investment in Iran? This is perhaps the main question lingering in the minds of all investors and even those who are seeking to launch a business in Iran with their savings.
IFP Exclusive

‘West Using FATF to Get More Concessions from Iran’

IFP Editorial Staff -
A senior Iranian lawmaker says the West’s refusal to remove Iran from the FATF’s blacklist is a breach of their commitments and a move to extract more concessions from the Islamic Republic.
IFP Exclusive

Iran FM, German Minister Discuss Banking Cooperation

IFP Editorial Staff -
Iranian foreign minister and German finance minister have conferred on Tehran-Berlin banking cooperation in a Monday meeting in Berlin.
IFP Coverage

FATF Extends Suspension of Financial Restrictions on Iran

IFP Editorial Staff -
The world’s anti-money laundering body, known as FATF, has extended the suspension of its restrictions on Iran, lauding the Islamic Republic’s commitment to implement measures to address shortcomings in its anti-money laundering policies.
Media Wire

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

IFP Media Wire -
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.
IFP Exclusive

Iranian Nationals in Britain Reject Rumours of Bank Account Closure

IFP Editorial Staff -
A number of Iranian nationals living in Britain have rejected the reports about the closure of their accounts in UK banks, expressing concern over the spread of such rumours which can tarnish their reputation and lead to the creation of growing distrust towards them.
IFP Exclusive

Iranians Can Keep up to 10,000 Euros

IFP Editorial Staff -
Iranian people are authorized to keep up to 10,000 euros or its equivalent in other currencies, according to the country’s central bank.
IFP Exclusive

Nuclear Deal Boosts Foreign Investment in Iran: Larijani

IFP Editorial Staff -
Iran’s parliament speaker says the signature of a nuclear agreement between Tehran and the P5+1 group has led to a relative rise in foreign investment in the country.
Media Wire

Iran to Join FATF by May: Central Bank Governor

IFP Media Wire -
The governor of the Central Bank of Iran believes that the country will be able to meet the conditions needed to become a full-time member of the Financial Action Task Force when the organization takes up Iran's case in May.
IFP Exclusive

Trump’s First Positive Move towards Iran Deal Implementation

IFP Editorial Staff -
A recent move by the US Treasury Department to allow US nationals to open accounts at Iranian banks could be perceived as US President Trump’s first positive move towards implementing the nuclear deal with Tehran.
IFP Exclusive

Iranian MPs Call for Caution in Dealing with FATF

IFP Editorial Staff -
A number of Iranian lawmakers have criticized the Financial Action Task Force (FATF) for its anti-Iran statement, and called on Iranian officials to be extremely cautious about the privileges they grant the organization.
Finance

France to Give Loans to Companies Investing in Iran

IFP Editorial Staff -
Finance Minister Michel Sapin announced that Paris is working on plans to issue direct loans to companies that want to invest in Iran.
IFP Exclusive

Americans Allowed to Open Bank Accounts in Iran: Official

IFP Editorial Staff -
A source close to the Central Bank of Iran announced that Americans who live in Iran can open bank accounts in the country.
Economy

Iranian MP Calls for Use of Int’l Standards in Banking Transactions

IFP Editorial Staff -
An Iranian lawmaker underlined the need for using global financial standards in Iran’s economy so that the country’s international banking and economic relations can develop.
Economy

MP Calls for Use of IFRS to Boost Foreign Investment in Iran

IFP Editorial Staff -
An Iranian MP has emphasised the need to use the international accounting standards in order to attract foreign investors to Iran.
Economy

World Bank Says Iran’s Foreign Debts Have Decreased by 64%

IFP Editorial Staff -
The World Bank says Iran’s foreign debts have significantly dropped since 2011 when the country faced a series of US-led sanctions.
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