EghtesadOnline: In light of the new round of US sanctions, there is speculation that authorities in Tehran may seek to circumvent the hostile economic restrictions with the help of blockchain and other financial and monetary technologies.
EghtesadOnline: With interest rates once again in the spotlight, the head of Monetary and Banking Research Institute has proposed three strategies to deal with the punishingly high borrowing rates.
EghtesadOnline: The Central Bank of Iran will focus on managing banking interest rates and preventing a price war among other things for the four-year tenure of the next administration, the head of which will be introduced after the May 19 presidential election, the director of Monetary and Banking Research Institute said.
EghtesadOnline: The importance of Iranian banks’ foreign branches is not negligible, therefore their number ought to increase in order to provide better services to Iranian traders, the head of Iran’s Monetary and Banking Research Institute announced.
EghtesadOnline: The Fourth Iran-Europe Banking and Business Forum is to focus on investment opportunities in Iran and banking system improvements in the post-sanctions era, the head of Iran's Monetary and Banking Research Institute said.
EghtesadOnline: Small- and medium-sized enterprises will receive 16 trillion rials ($515.3 million) worth of loans by the time the current fiscal year ends on March 20, said the head of the Monetary and Banking Research Institute.
EghtesadOnline: The involvement of banks in non-banking operations should be allowed “to a defined extent”, the director of Monetary and Banking Research Institute said.