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.

Iran Signs Deal with Turkey to Smooth Financial Transactions

The Chief Executive Officer (CEO) of Iyzico, an Istanbul-based payments startup, said the company has signed a deal with an Iranian firm, which would...

Bank Melli to Begin Exchange Transfers for Iranian Expatriates

Gholam-Reza Panahi, the deputy governor for currency affairs at the Bank Melli of Iran (BMI), said that the bank is ready to receive foreign...

Banking relations between Iran and Turkey go back to normal

Iran's Ambassadorto Turkey Ali-Reza Bigdeli announced banking relations between the two countries go back to normal and Bank Mellat will resume its operations in...
Bank

Presence of foreign banks spurs competitiveness: MP

An Iranian MP has said that foreign bank presence in Iran would infuse liquidity into the national economy which could help production flourish, if managed properly.
Khazai

Iran to invest in New Development Bank

A deputy economy minister has said that efforts to develop Iran-Brazil ties have gained momentum and that the two countries have inked deals on customs, double taxation and joint ventures.
Tahmasb Mazaheri

China won’t return Iran’s oil money even after a deal: Former top banker

Under a deal the Ahmadinejad government signed with the Chinese, the Chinese have been entrusted with holding Iran's assets.
Ali Tayyebnia

Economy chief orders measures to accelerate capital inflow, privatization

The capital market should be as instrumental as the banking system in financing the country's projects, the economy minister said.
Ali Tayyebnia

AIIB can be instrumental in Asian development projects: Economy minister

Iran's membership of the bank is in line with measures to realize the principles of the resistance-based economy, Minister of Economy and Financial Affairs Ali Tayyebnia said.
Gholam Hossein Shafei and Karsten Dybvad

Foreign investors interested in Iranian market

The head of Iran’s Chamber of Commerce, Industries and Mines has said that foreign investors show much interest in Iranian market, citing a growing number of business delegations visiting the country.
Valiollah Seif

Central Bank chief expounds on new banking corruption case

The corruption occurred between 2006 and 2012. However, officials learned about it in 2013.