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.

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London Branch of Melli Bank Reopens

Melli Bank London, Plc. has obtained an operating licence from UK banking regulators, and is ready to provide services in the European Union, said its CEO, Ghulam Hossein Asgharzadeh Zaferani, on Saturday May 28.

SAIPA Signs $1bn Finance Deal with South Koran Company

Hassan Baghaei, the Deputy Commercial Manager of SAIPA auto-making group, said on Saturday May 28 that the group has inked a $1bn finance deal with South Korean company SK Networks.

Zarif Calls for ‘Tangible’ European Steps to Facilitate Banking Transactions

Iranian Foreign Minister Mohammad Javad Zarif called on the European parties to the July 2015 nuclear deal between Tehran and world powers to seriously address problems hindering foreign banks from trying to work with Iran.

Germans in Search of Business Opportunities in Iran

In a meeting between the chairman of the Tehran Chamber of Commerce and the Minister of Energy and Economy of Nordrhein-Westfalen state, there was a focus on expanding bilateral ties and easing banking relations in order to develop trade and investment between Iran and Germany.

Tayyebnia and Seif Positive about Growth Rates and Inflation

IFP: Economic Minister Ali Tayyebnia and Governor of the Central Bank of Iran Valiollah Seif both addressed the 26th Annual Conference on Monetary and...

Switzerland Ready to Assist Iran in Post-Sanctions Era

Yves Rossier, the secretary of state at the Swiss Foreign Ministry, said his country is prepared to help Iran to reclaim its previous economic position at the international level following the removal of anti-Tehran sanctions.

Iran’s Petropars in Investment Talks with Royal Dutch Shell: Official

Iran’s Pertropars Company and the global energy giant Royal Dutch Shell are in talks to boost their investment strategies in the country's growing energy sector, following the removal of anti-Tehran sanctions, an Iranian official said.

Iran, Bosnia agree to expand banking cooperation

Iranian Ambassador to Bosnia-Herzegovina Seyyed Hossein Rajabi and the Head of the Central Bank of Bosnia discussed expanding bilateral banking relations.

No More Barrier to Trade with Iran in Euros: Diplomat

A ranking Iranian diplomat said there are no more limits on the country’s financial transactions with foreign banks in euros, a clear sign of which was India’s recent move to clear part of its debts to Iran in euros through a Turkish bank.
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Global Banks Need Immunity from Allegations of Sanctions Breaches: CBI Chief

The governor of the Central Bank of Iran (CBI) said the global banks need “reassurances” that they will not be accused of breaching sanctions if they rekindle ties with the Islamic Republic despite a lasting nuclear deal between Tehran and world powers.

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