Following a directive issued by the board members of Securities and Exchange Organization for all financial entities under its supervision, banks and non-bank credit institutions are barred from holding management positions in investment funds.
News ID: 1749 Publish Date : 2018/01/02
Iran's economy grew by 5.6% in the first half of the current fiscal (March 21-August 22) compared to last year's corresponding period, according to the Statistical Center of Iran's latest report released on Wednesday. The SCI has put H1 growth at 6% without taking into account oil production.
News ID: 1736 Publish Date : 2017/12/29
The United Nations has forecast a 5.3% economic growth for Iran in 2017 in its latest World Economic Situation Prospects.
News ID: 1691 Publish Date : 2017/12/16
As a part of government’s plan to boost small- and medium-sized enterprises through the allocation of credit, since the beginning of the current Iranian fiscal on March 21, Iranian banks have doled out 56.57 trillion rials ($1.34 billion) in loans to 7,346 applicants.
News ID: 1669 Publish Date : 2017/12/11
Governor of the Central Bank of Iran Valiollah Seif asked the country’s banking system to gradually shift their lending practices and fund small- and medium-scale enterprises instead of big projects.
News ID: 1668 Publish Date : 2017/12/11
Iran will use the recent flow of foreign finance it received mainly to fund export and energy sectors in addition to projects boosting jobs, the head of the Organization for Investment, Economic and Technical Assistance of Iran announced.
News ID: 1602 Publish Date : 2017/11/28
The average goods and services Consumer Price Index for urban areas in the 12 months ending Nov. 21, which marks the end of the Iranian month of Aban, increased by 9.9% compared with last year’s corresponding period, the latest report released by the Central Bank of Iran showed
News ID: 1601 Publish Date : 2017/11/28
In response to reports regarding the closure of Iranian bank accounts by UAE banks, the director general of International Affairs Department at the Central Bank of Iran has announced that the issue is only confined to the Emirates NBD banking group.
News ID: 1541 Publish Date : 2017/11/14
The Central Bank of Iran has signed an agreement with the Export Insurance Agency of Russia that will pave the way for Russian banks to allocate finance to their Iranian counterparts.
News ID: 1436 Publish Date : 2017/10/17
Mohammad Shariatmadari, industries, mining and trade minister-designate, has pledged to lower banks’ interest rates and overhaul the current system of determining foreign exchange rates to support industries and exports.
News ID: 1202 Publish Date : 2017/08/20
TEHRAN- The governor of the Central Bank of Iran (CBI) Valiollah Seif announced on Wednesday that banking loans paid to various Iranian economic sectors witness a 40-percent rise in the past Iranian calendar Year 1395 (ended March 20, 2017), as compared to the preceding year.
News ID: 1102 Publish Date : 2017/04/14
The Central Bank of Iran has released data on the government’s income from taxes in the automotive sector for the 11-month period ending February 20.
News ID: 1093 Publish Date : 2017/04/13
According to data released by the Central Bank of Iran , the monetary base exceeded 1.7 quadrillion rials ($46 billion) for the 12 months to Jan. 19, registering a 17.3% increase year-on-year.
News ID: 1083 Publish Date : 2017/04/13
The Central Bank of Iran has issued a new directive in line with anti-smuggling laws, based on which individuals holding more that €10,000 would be subject to an official probe.
News ID: 1078 Publish Date : 2017/04/13
The Central Bank of Iran hosted a meeting to analyze obstacles to the implementation of the International Financial Reporting Standards.
News ID: 1027 Publish Date : 2017/03/10
The rial was quoted at 37,240 to the US dollar on Wednesday, gaining 0.59% against the greenback compared with Tuesday's close.
News ID: 1023 Publish Date : 2017/03/10
A number of top-tier officials have reacted to a New York Times story reporting that $1.6 billion of the Central Bank of Iran ’s assets have been frozen by a court in Luxembourg / Economy Minister Ali Tayyebnia hopes the Luxembourgian court will rule in Iran’s favor
News ID: 1020 Publish Date : 2017/03/10
The accord created a capacity so that non-American banks and credit institutions could cooperate with Iranian banks and credit institutions without fearing sanctions
News ID: 889 Publish Date : 2017/01/20
Bank Melli Iran announced it can now transfer money overseas for individuals, as the bank expands its international ties in the post-sanctions era.
News ID: 872 Publish Date : 2017/01/15
A private-sector representative has welcomed the Central Bank of Iran ’s recent decision to allow banks to handle foreign exchange transactions at a free-market rate by calling it a “good opportunity”.
News ID: 804 Publish Date : 2016/12/30