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  • EghtesadOnline: One of Iran’s top bankers has renewed the beleaguered banking system’s call for service fees to emerge as the main source of income instead of interests.

  • EghtesadOnline: Bank Melli Iran’s large-cap investment arm, Tosee Melli Group Investment Company, is planning for a major downsizing by selling off shares in 30 companies.

  • EghtesadOnline: Bank Melli Iran, the country’s biggest bank, attracted more than 22% of all the rial and foreign exchange deposits of the banking system in the first nine months of the current fiscal year to Dec. 21, placing it on top of all banks and credit institutions in this regard.

  • EghtesadOnline: Bank Melli Iran has launched a special housing scheme to increase people’s purchasing power and help the sector.

  • EghtesadOnline: In light of Iranian banks’ expanded international role in the post-sanctions era, the volume of Bank Melli Iran’s forex transactions exceeded $3 billion during the first 100 days of the second term of President Hassan Rouhani which began in August, a report released by the bank announced.

  • EghtesadOnline: With the support of the Information and Communications Technology Committee affiliated with the vice presidency for science and technoogy, Iran’s biggest bank has clinched a deal with one of the nation’s top universities to establish a startup accelerator center.

  • EghtesadOnline: Bank Melli Iran has managed to recover more than 64 trillion rials ($1.13 billion) of its non-performing loans during 2013-16, announced the bank’s chief executive.

  • EghtesadOnline: After months of following up the issue, Bank Melli Iran’s Paris branch has been connected to Target 2, the European interbank payment network, a board member of the bank said on Sunday.

  • EghtesadOnline: Bank Melli Iran’s foreign exchange trading services, which include opening lines of credit and processing foreign exchange remittances for importing commodities, have registered respective year-on-year increases of 173% and 95.5% in terms of value and number respectively during the first five months of the new Iranian year (started March 21), BMI’s website reported.

  • EghtesadOnline: The Hong Kong branch of Melli Bank London PLC, a subsidiary of Bank Melli Iran, has officially restarted its operations, the chief executive of BMI announced.

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