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.

Velayati Raps US Supreme Court Ruling to Seize Iran’s Assets

Head of the Strategic Research Center of Iran’s Expediency Council, Ali Akbar Velayati, criticized the US decision to seize nearly $2bn of the Central Bank of Iran’s assets in an American bank, describing the move as an indication of Washington’s “bullying” approach.

Iran’s President Forms Committee to Reclaim Money Seized by US

Iranian President Hassan Rouhani has set up a committee to find a way to restore the Central Bank of Iran’s assets, seized by Washington according to a US court order, an Iranian diplomat announced.

Araqchi: No obstacles for foreign banks in transactions with Iran

Foreign Ministry Deputy for Legal and International Affairs Abbas Araqchi said the powerful stands taken by the head of Iran’s Central Bank has resulted in the US announcement that non-American banks have no problems in transactions with Iran.

Kerry assures world business transactions with Iran are safe

US Secretary of State John Kerry assured the world that financial transactions with Iran are safe and European banks should not be worried in this regard.

Kerry: No objection in the way of foreign banks engaging with Iranian banks

Secretary of State John Kerry before meeting Iranian Foreign Minister Mohammad Javad Zarif on Friday said US has no objection does not stand in the way of foreign banks engaging with Iranian banks and companies.

Iran Joins UN Conference on Financing for Development

The head of the Iranian Investment Organization, Mohammad-Khazaie, joined the UN Conference on Financing for Development in New York.

Russia Says Legal Barriers for Iran Loan Cleared

A Russian deputy minister said that the legal barriers for Moscow’s key state loan to Tehran have been lifted.

Paymentwall ‘not connected’ to Iranian banking system

Central Bank of Iran has rejected the claim by San Francisco-based Paymentwall that it has integrated its payment services into Shetab - Iran’s local payment system.

CBI to Chair IFSB

Central Bank of Iran has been appointed as the director of Islamic Financial Services Board (IFSB) in 2017.

British Banks Remain Reluctant to Finance Trade with Iran

British banks are tentative to re-engage with Iranian financial entities as anti-Tehran sanctions are still in place and not fully lifted, despite a lasting nuclear deal between Iran and six world powers, a British official said.

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