The Iranian cabinet on Wednesday ordered all state-run organizations and companies to replace U.S. dollar with euro in reporting their financial statements
News ID: 2095 Publish Date : 2018/04/19
Governor of the Central Bank of Iran Valiollah Seif said the drastic decision by the government to unify the US dollar’s rate does not mean that a fixed exchange rate system would be at work, as the rate would “fluctuate with market mechanisms”.
News ID: 2070 Publish Date : 2018/04/14
Strengthening the private sector role in bolstering the economy and implementing divestiture laws has been a major focus of President Hassan Rouhani’s administration, but the privatization initiative does not appear to be closing in on Iran’s payment entities.
News ID: 2037 Publish Date : 2018/04/05
The new directive, which bans the use of the US dollar in import order registrations by Iranian traders, serves the double purpose of sidelining the US dollar and curbing the volatility that gripped the foreign exchange market in recent weeks.
News ID: 1969 Publish Date : 2018/03/03
The governor of the Central Bank of Iran on Monday met with the ambassador of Switzerland in Tehran to discuss improvements in the banking system and the possibility of Iranian lenders opening branches in the Alpine country.
News ID: 1876 Publish Date : 2018/01/30
The Central Bank of Iran has welcomed the country’s risk rating improvement from 6 to 5 by the Organization for Economic Cooperation and Development, regarding it as another promising signal of the country’s enhancing financial and credit status in international markets.
News ID: 1865 Publish Date : 2018/01/28
A senior member at Iran's biggest bank has come out in favor of cryptocurrencies and called for them to be recognized and widely accepted in the banking system.
News ID: 1760 Publish Date : 2018/01/07
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
Governor of the Central Bank of Iran Valiollah Seif announced that in the first term of President Hassan Rouhani’s presidency, about 30 cases of violations by banks were sent to CBI’s Disciplinary Committee.
News ID: 1363 Publish Date : 2017/09/27
The implementation of Iran’s nuclear deal in January 2016 lifted a majority of sanctions against the country.
News ID: 1324 Publish Date : 2017/09/20
Five Iranian banks have jointly signed a finance deal worth $10 billion with CITIC Trust, a Chinese state-owned investment company, to fund development projects in Iran.
News ID: 1306 Publish Date : 2017/09/16
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 Iranian banking system will focus on increasing production and improving employment in the current fiscal year in line with the guidelines provided by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei.
News ID: 1063 Publish Date : 2017/04/10
The establishment of a joint bank account between Iran and Indonesia will foster financial cooperation and facilitate bilateral transactions, said the Central Bank of Iran’s governor.
News ID: 1008 Publish Date : 2017/03/03
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
Luxemburg banks are welcome to establish branches in Iran, as it would help two-way commercial relations, said Valiollah Seif , Central Bank of Iran governor, during a meeting with Etienne Schneider, deputy prime minister of Luxembourg on Monday.
News ID: 639 Publish Date : 2016/10/20