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The latest news and views about Iran’s banking relations with other countries

Several former central bank officials sentenced to jail for squandering millions...

A court in Iran has sentenced former Central Bank governor Valliollah Seif to 10 years of discretionary imprisonment for squandering millions of dollars in public funds.

Ali Salehabadi appointed as Iran’s new central bank chief

Ali Salehabadi has been appointed as the new governor of the Central Bank of Iran, Minister of Finance and Economic Affairs announced on Wednesday.

Delay in Release of Iranian Assets in Japan Not Justifiable: Raisi

Iranian President Ebrahim Raisi has called for the immediate release of Iran's frozen resources in Japan, noting that further delay in the release of the assets blocked in Japanese banks cannot be justified.

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’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.

Iran to Buy 16m Doses of COVID-19 Vaccine Using Its Money...

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.

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...

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.

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.