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.
Vice President for Executive Affairs Mohammad Shariatmadari said the Iranian government will offer guarantees for foreign investment, despite existing problems.
A working group in Iran is preparing a suit to look into the United States’ seizure of Iranian assets, a top Foreign Ministry official said on Sunday May 24.
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.
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.
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.
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.
IFP: Economic Minister Ali Tayyebnia and Governor of the Central Bank of Iran Valiollah Seif both addressed the 26th Annual Conference on Monetary and...
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 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.
Iranian Ambassador to Bosnia-Herzegovina Seyyed Hossein Rajabi and the Head of the Central Bank of Bosnia discussed expanding bilateral banking relations.
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.
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.
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).
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.
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.
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 Financial Group, which owns Iran's second largest bank, is considering selling its shares in energy entities in a sign of improving business environment.
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.
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 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.
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.
The significant and historical visit of the Indian Prime Minister Narendra Modi to Iran, slated for May 22, provides a golden opportunity for both countries to develop ties and focus on ways of settling their financial disputes.
Iran and Switzerland held a first round of financial talks in Bern and explored grounds for cooperation by presenting reports on their respective financial and banking activities and monitoring systems.