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.
Tehran Rejects Bahrain Court Ruling against Iranian Banks
Iran's Foreign Ministry spokesman has slammed the Bahraini Supreme Criminal Court's ruling against the Central Bank of Iran and several other Iranian banks, categorically rejecting the false accusations levelled against them.
Iran’s Voting Right Restored after Paying Contribution Arrears to UN
The Central Bank of Iran (CBI) has paid the country's overdue UN membership fee for over $16 million, restoring the country's right to vote at the UN.
Iran Follows Up on Iraq’s Payment of Its Unpaid Debts
Iranian Foreign Ministry Spokesman Saeed Khatibzadeh, who is also the head of the Foreign Ministry's Public Diplomacy Department, held talks with Iraqi Foreign Minister Fuad Hussein in Baghdad.
Iran’s Central Bank Governor Sacked as He Begins Presidential Campaign
Abdolnasser Hemmati, the governor of the Central Bank of Iran (CBI), has been sacked from his position as he begins campaigning for the next month's presidential election.
FATF Issue Could Be Resolved As Vienna Talks Move Forward: Ex-Diplomat
A former Iranian diplomat has expressed hope as negotiations in Vienna bear fruit, the problem with the Financial Action Task Force (FATF) inside Iran will be solved too.
Iran to Buy 16m Doses of COVID-19 Vaccine Using Its Money Frozen in Iraq
Iraq has received the green light to pay $125 million in its debts to Iran for the purchase of 16 million doses of COVAX vaccines, Iran's energy minister said.
The money has reportedly been transferred from Iraq's Trade Bank to a Swiss bank.
Iran Urges South Korea to Immediately Release Its Frozen Assets
Iran’s Deputy Foreign Minister for Political Affairs Abbas Araqchi has held talks with South Korean Deputy Foreign Minister Choi Jong-kun who was in Tehran as part of a delegation headed by the country’s prime minister.
Seoul Must Unblock Iran’s Frozen Assets As Soon As Possible
Iran’s first vice president says South Korea must take action to unfreeze Iran’s foreign exchange assets as soon as possible, noting that freezing Iran’s money has badly tarnished the image of South Korean banks among Iranians.
Iran Berates Seoul for Refusing to Release Its Assets under US Pressure
The governor of the Central Bank of Iran (CBI) has criticized South Korea for being swayed by the United States when it comes to releasing Iran’s assets in the Asian country.
Iran Likely to Approve FATF Soon: Official
An Iranian official says the bills proposed by the Rouhani administration on adoption of the Financial Action Task Force (FATF) standards will probably be approved at the Iranian Expediency Council soon.
Zarif Urges South Korea to Release Iran’s Frozen Assets ASAP
Iran’s Foreign Minister Mohammad Javad Zarif has called on Seoul to provide Iran with access to its assets frozen in South Korean banks, especially now that the Iranian nation seriously needs its money.
Iran, South Korea Reach Deal on Transfer of Iranian Assets
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati and the South Korean ambassador to Tehran have reached a deal on how to transfer and use part of the Iranian assets in South Korean banks.
Iran Planning to Replace POS Terminals with Smartphone Payment System
The Central Bank of Iran (CBI) will soon unveil a project whereby customers will use their mobile phones for shopping at stores instead of making payments via POS machines.
Iran’s Oil Exports Rising Despite Sanctions: Top Banker
The governor of the Central Bank of Iran (CBI) says the country is much better off when it comes to the export of oil and oil products compared to the past.
‘US Expected to Release Iran’s Frozen Assets to Be Used in Fight against COVID-19’
The Iranian government spokesman has urged the new US administration to release Iran’s frozen assets, so that Tehran can use them to fight the coronavirus pandemic and buy food and medicines for its citizens.
Iran, Oman Discuss Promotion of Bilateral Banking, Trade Ties
The governor of the Central Bank of Iran (CBI) has discussed the promotion of trade and banking cooperation with Oman during a visit to Muscat.
Iran, Armenia Discuss Closer Trade, Economic Ties
The governor of the Central Bank of Iran (CBI) has underlined the importance of enhancing cooperation with Armenia.
Iran Allots $10 Billion to Support Local Producers
The Central Bank of Iran (CBI) has set aside $10 billion to support domestic production, according to a senior Iranian official.
South Korea Seizing Iranian People’s Food, Drug Money: Zarif
In comments on Wednesday, Mohammad Javad Zarif once again criticized Seoul for seizing Iran’s assets "upon US orders".
“’ We told South Korean officials that...
South Korea Should Pay Penalty for Freezing Iran’s Assets: Top Banker
Governor of the Central Bank of Iran Abdolnasser Hemmati says the South Korean banks that have blocked Iran’s funds should pay the damage suffered by Tehran during the past two years.
INSTEX Failed Because Europeans Weren’t Brave Enough: Iran
The Central Bank of Iran (CBI) says the European financial mechanism known as the Instrument in Support of Trade Exchanges (INSTEX) has failed to fulfill its objectives.
Tehran Furious at Seoul’s Offer of Selling Iran Ambulances in Return for Frozen Assets
Tehran has been angered by Seoul’s offer to sell ambulances to Iran in exchange for billions of Iranian assets frozen in South Korea.
Iran Says Won’t Remain Indifferent toward South Korea’s Seizure of Its Assets
Iranian Central Bank Governor Abdolnasser Hemmati has urged Seoul to adopt “independent” behaviour toward Iran’s financial resources in that country.
Some $9.2 Billion in Iranian Funds Frozen at South Korean banks: Yonhap
An estimated 10 trillion won ($9.2 billion) in Iranian funds is currently frozen at South Korean banks under US sanctions.
‘Iraq to Pay for Energy Imports from Iran in Euros to Mitigate US Bans’
The Iranian energy minister says Iran and Iraq have reached an agreement under which Baghdad will pay for Iran’s energy sales to Iraq in euros in a bid to mitigate the problems caused by the US sanctions.