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...
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.
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.
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.
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.
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.
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.
Central Bank chief expounds on new banking corruption case
The corruption occurred between 2006 and 2012. However, officials learned about it in 2013.
