Sunday, August 7, 2022

Iran Banking News

Iranian, South Korean Diplomats Discuss Tanker Seizure, Frozen Assets

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.

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

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.

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

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

A Look at Iranian Newspaper Front Pages on January 2

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.

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

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.

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

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

Rouhani Says Iran Can’t Trust American ‘Robbers’

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.

Iran Says Payment Problem for Buying COVID-19 Vaccine Resolved

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

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

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.

Iran’s Economic Growth Rate Becomes Positive Despite US Sanctions

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.

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

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.

Iran Begins Legal Proceedings to Receive Financial Claims from Foreign Countries

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

No Legal Verdict against Iranian Banks in Bahrain: CBI Official

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.

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

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

Tehran Urges Its Trade Partners to Release Iranian Frozen Assets

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

Iraq Agrees to Release Iran’s Assets: Top Banker

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.

Iran Says New US Sanctions Show Trump’s Desperation

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.

Iran’s Central Bank Governor Downplays News US Sanctions

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

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

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.

Iranian People to Survive Latest of US Cruelties: Zarif

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.

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

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...

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

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.

Iranian Banks to Help Boost Crisis-Hit Tourism Industry

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

Iran May Reconsider Ties with S Korea over Frozen Assets: MP

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.

Iran after Release of Currency Assets Abroad: President

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.

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