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  • EghtesadOnline: Banks and credit institutions gave 236 trillion rials ($747.5 million) in collateral-free loans after the government announced the new lending program in January.

  • EghtesadOnline: In a letter to the First Vice President Mohammad Mokhber, the head of the Security and Exchange Organization (SEO) listed eight major challenges the stock market is grappling with.

  • EghtesadOnline: It merits mention that low interest rates have undermined people’s zeal to park money in banks as the national currency tanks and runaway inflation eats away at their hard-earned savings.

  • EghtesadOnline: The Tehran Stock Exchange main index TEDPIX lost 6,760.57 points or 0.49% on Tuesday to end trade at 1,367,060.37.

  • EghtesadOnline: The recent order by the Central Bank of Iran to separate business and personal bank accounts should ease pressure on the official financial and economic sectors and put the onus on the unofficial sector, namely tax evaders, the public relations office of the Ministry of Economic Affairs and Finance said.

  • EghtesadOnline: annual growth of money creation by banks fell 57% in the first five months (March 21-August 22) of the current fiscal year, the Economy Ministry reported.

  • EghtesadOnline: According to the CBI governor Ali Salehabadi, XBRL standard will be tested in one of the banks in February and later other banks will be required to submit their financial reports accordingly

  • EghtesadOnline: The case — known officially as Certain Iranian Assets (Islamic Republic of Iran v. United States of America) — was filed in the ICJ by Tehran in 2016. It seeks the unfreezing and return of nearly $2 billion in Iranian assets held in the US.

  • EghtesadOnline: Processing more than 3.43 billion transactions worth 5,740 trillion rials ($19.06 billion), POS devices accounted for 92.43% of the total volume of transactions.

  • EghtesadOnline: Since the beginning of the calendar year in late March banks and credit institutions gave 790 trillion rials ($2.5 billion) loans to encourage youth marriage and childbirth.