Iran Banking News
The latest news and views about Iran’s banking relations with other countries
Iran’s police say they have identified the location of the former President of its Bank Melli, who is the main suspect in a major embezzlement scandal, but officials of the country, where he is a resident now, have openly turned down requests for his extradition.
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 has been appointed as the new governor of the Central Bank of Iran, Minister of Finance and Economic Affairs announced on Wednesday.
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.
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.
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.
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’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.
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’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.
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.
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.
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.
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...
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.
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.
Iran's Deputy Justice Minister has urged Seoul to work toward settling the existing issues between the two sides to kick of a new round of mutual cooperation.
Tehran has been angered by Seoul’s offer to sell ambulances to Iran in exchange for billions of Iranian assets frozen in South Korea.
Iranian Central Bank Governor Abdolnasser Hemmati has urged Seoul to adopt “independent” behaviour toward Iran’s financial resources in that country.
Iranian Foreign Minister Mohammad Javad Zarif has blasted South Korea for keeping the Iranian assets frozen in its banks citing the US sanctions, saying the issue has seriously damaged the East Asian country's image among Iranian people.
First Vice Minister of Foreign Affairs of South Korea Choi Jong Kun and Iranian Deputy Foreign Minister for Political Affairs Seyyed Abbas Araqchi have discussed the IRGC's seizure of a Korean chemical tanker and Seoul's freezing of Iran's assets in a meeting in Tehran.
Iranian Government Spokesman Ali Rabiei has dismissed the allegations that Iran is holding hostage the South Korean vessel seized in its southern waters, saying if there is any hostage-taker, it’s the Seoul government which has frozen $7 billion in Iranian funds.