Iran Banking News

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

IFP Exclusive

Tehran Furious at Seoul’s Offer of Selling Iran Ambulances in Return for Frozen Assets  

IFP Editorial Staff -
Tehran has been angered by Seoul’s offer to sell ambulances to Iran in exchange for billions of Iranian assets frozen in South Korea.
IFP Exclusive

Iran‌ Says Won’t Remain Indifferent toward South Korea’s Seizure of Its Assets

IFP Editorial Staff -
Iranian Central Bank Governor Abdolnasser Hemmati has urged Seoul to adopt “independent” behaviour toward Iran’s financial resources in that country.
IFP Exclusive

Seoul’s Freezing of Tehran’s Assets Damages South Korea’s Image in Iran: Zarif

IFP Editorial Staff -
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.
IFP Exclusive

Iranian, South Korean Diplomats Discuss Tanker Seizure, Frozen Assets

IFP Editorial Staff -
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.
IFP Exclusive

Iran Denies Holding South Korean Vessel ‘Hostage’, Calls Seoul ‘Hostage-Taker’

IFP Editorial Staff -
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.
IFP Exclusive

Some $9.2 Billion in Iranian Funds Frozen at South Korean banks: Yonhap

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

A Look at Iranian Newspaper Front Pages on January 2

IFP Editorial Staff -
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.
IFP Exclusive

‘Iraq to Pay for Energy Imports from Iran in Euros to Mitigate US Bans’

IFP Editorial Staff -
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.
IFP Exclusive

Iran’s Energy Minister in Iraq to Discuss Gas Flow Cut

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

Rouhani Says Iran Can’t Trust American ‘Robbers’

IFP Editorial Staff -
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.
IFP Exclusive

Iran Says Payment Problem for Buying COVID-19 Vaccine Resolved

IFP Editorial Staff -
The governor of the Central Bank of Iran says the problem of procuring the coronavirus vaccine has been solved.
IFP Exclusive

Iran Wants to Use its Assets with Turkish Banks to Buy Goods

IFP Editorial Staff -
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.
IFP Exclusive

Iran’s Economic Growth Rate Becomes Positive Despite US Sanctions

IFP Editorial Staff -
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.
IFP Exclusive

US Blocking Iran’s Purchase of COVID-19 Vaccine: Top Banker

IFP Editorial Staff -
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.
IFP Exclusive

Iran Begins Legal Proceedings to Receive Financial Claims from Foreign Countries

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

No Legal Verdict against Iranian Banks in Bahrain: CBI Official

IFP Editorial Staff -
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.
IFP Exclusive

Iran Says Efforts Underway to Return Its Frozen Assets from Other Countries

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

Tehran Urges Its Trade Partners to Release Iranian Frozen Assets

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

Iraq Agrees to Release Iran’s Assets: Top Banker

IFP Editorial Staff -
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.
IFP Exclusive

Iran Says New US Sanctions Show Trump’s Desperation

IFP Editorial Staff -
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.
IFP Exclusive

Iran’s Central Bank Governor Downplays News US Sanctions

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

Iran Blasts US’ ‘Terroristic’ Attempt to Block Sales of Food, Medicine

IFP Editorial Staff -
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.
IFP Exclusive

Iranian People to Survive Latest of US Cruelties: Zarif

IFP Editorial Staff -
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.
IFP Exclusive

Iran’s Economy Recovering Balance after Coronavirus Shock: Top Banker

IFP Editorial Staff -
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...
IFP Exclusive

US Plot to Destabilize Iran’s Forex Market Failed: Central Bank Chief

IFP Editorial Staff -
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.
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