EghtesadOnline: Members of the economic commission of Iran’s Parliament on Tuesday concluded the review of reform measures concerning the Central Bank of Iran, which is part of wider reforms aimed at overhauling the country’s ailing banking system.
EghtesadOnline: A review of official data published in Central Bank of Iran’s reports by Tehran Chamber of Commerce, Industries, Mines and Agriculture shows that rising liabilities of the banking system to the central bank has been the main reason behind a surging monetary base.
EghtesadOnline: Members of the Iranian Parliament’s economic commission on Saturday continued reviewing articles of long-awaited reform bills targeting the country’s ailing banking system in addition to its central bank.
EghtesadOnline: The Central Bank of Iran on Saturday notified a directive to the banking system, which sets foreign currency deposit interest rates and doubles down on the previous promise of guaranteed returns.
EghtesadOnline: Members of Majlis Economic Commission have commenced the process of reviewing articles of the Majlis motion to undertake long-awaited reforms in Iran's banking system and bestow the central bank with independence.
EghtesadOnline: The prospect of meeting a sizable share of electricity demand through renewables requires a stronger support by banking system, a senior energy official said.
EghtesadOnline: Newly-appointed governor of the Central Bank of Iran, Abdolnasser Hemmati, met with the chief executives of banks and credit institutions to review challenges facing the banking system and carve out an actionable roadmap.
EghtesadOnline: The chief executive of Bank Refah said limited overseas operations and rising inflation driven mainly by the recent currency crisis will pose major challenges to the banking sector in the coming months.
EghtesadOnline: The Central Bank of Iran has sent a directive to the banking system announcing that fees levied on payments made through mobile phones have been eliminated, in what can be interpreted as a blow to mobile operators.
EghtesadOnline: A senior Central Bank of Iran official said the bank is conducting studies to "revise" interest rates in the banking system.