Iran Banking News
The latest news and views about Iran's banking relations with other countries
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.
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.
An Iranian lawmaker says Seoul’s move to block Tehran's assets would not go unanswered, and Tehran may reconsider its trade relations with South Korea.
President of Iran Hassan Rouhani says diplomatic and economic officials have launched a push to free the country’s foreign currency assets in the other countries in order to reduce susceptibility to any currency market volatility.
The spokesperson for the Iranian administration has called on South Korea to unblock the petrodollars it owes to Iran, currently frozen in the Korean banks.
The idea of knocking off zeros from countries’ national currencies goes back decades, with some governments removing noughts from banknotes several times to harness inflation.
Iranian President Hassan Rouhani has praised the Central Bank of Iran (CBI) for its efforts to meet the domestic demands and provide the necessary funding amid the severe international conditions caused by the coronavirus.
Secretary of Iran’s Supreme National Security Council has denounced the US’ attempt to block Tehran’s request for an emergency International Monetary Fund loan to fight the coronavirus as a violation of a peremptory norm of international law (jus cogens) that entitles people to right to health.