Iran Banking News

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.

An estimated 10 trillion won ($9.2 billion) in Iranian funds is currently frozen at South Korean banks under US sanctions.

IFP has taken a look at the front pages of Iranian newspapers on Saturday, January 2, 2020, and picked headlines from 20 of them. IFP has simply translated the headlines and does not vouch for their accuracy.

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.

Iranian Energy Minister Reza Ardakanian has discussed Tehran-Baghdad cooperation in separate meetings with senior Iraqi officials.

President Hassan Rouhani says Iran cannot trust Americans when it comes to the transfer of money to purchase coronavirus vaccines as they are notorious for "stealing" Iran's funds.

The governor of the Central Bank of Iran says the problem of procuring the coronavirus vaccine has been solved.

Tehran has called on Ankara to find a way for Iran to tap into its assets with Turkish banks to purchase the commodities it needs directly from other countries through Turkish banks.

Governor of the Central Bank of Iran Abdolnaser Hemmati says the economic growth rate in Iran has become positive, both with and without oil revenues.

Abdolnasser Hemmati, the Governor of the Central Bank of Iran (CBI), says Iran has tried to purchase COVID-19 vaccine from other countries, but the US sanctions have prevented financial transactions for the sale.

A senior Iranian official says Tehran has adopted measures to secure its financial and monetary claims from foreign countries.

An official at the Central Bank of Iran (CBI) has dismissed reports about a formal verdict being delivered against Iranian banks in Bahrain, saying any such ruling would lack legal credibility.

The Iranian government spokesman says efforts are being made to bring back Iranian foreign currency assets deposited at banks of other countries.

Iranian President Hassan Rouhani has called on Tehran’s trade partners to fulfil their legal and ethical commitments towards the Islamic Republic.

Governor of the Central Bank of Iran says his negotiations with the Iraqi officials have yielded "positive" results, and the Arab country has given its approval to the release of Iran’s frozen assets for the purchase of basic commodities.

A senior Iranian official says Washington’s new sanctions indicate President Donald Trump’s desperation resulting from the United States’ back-to-back defeats in the face of Iran.

The governor of the Central Bank of Iran (CBI) says the United States’ new sanctions mostly aim to serve Washington’s propagandist-political objectives.

The Iranian president has dismissed as “terroristic, cruel and inhumane” the United States’ efforts to impede financial transactions by and with Iran to provide food and medicines.

Iran’s Foreign Minister Mohammad Javad Zarif says the Iranian people will survive the latest round of sanctions imposed by the US against Iranian banks, and those who block the Iranian people’s money will eventually face justice.

In an Instagram post on Monday, Abdolnasser Hemmati pointed to the statistics for Iran’s economic growth in the first quarter of the current Iranian...

Governor of the Central Bank of Iran says the relentless efforts of the US to destabilize Iran's foreign currency market have failed thanks to the Central Bank's measures.

Iran’s Ministry of Tourism, Cultural Heritage, and Handicrafts has discussed closer cooperation with banks to further promote the tourism industry in the country.