EghtesadOnline: Banks held 75,206.8 trillion rials ($278 billion) in assets by the end of the month to August 22, indicating 43.8% increase compared to the same period last year.
EghtesadOnline: Funding in investment funds reached 100 trillion rials ($416 million) in the calendar month ending July 11, said an official with Securities and Exchange Organization.
EghtesadOnline: The government intends to sell property and shares in state companies worth 1,000 trillion rials ($4.5 billion) in fiscal March 2021-22, the economy minister said.
EghtesadOnline: The Central Bank of Iran said it legal efforts prevented a Luxemburg court order to transfer its forex assets to the United States.
EghtesadOnline: New estimations indicate banks and credit institutions affiliated to the government own non-banking assets worth 900 trillion rials ($3.6 billion), the deputy economy minister for banking, insurance and state-owned companies said.
EghtesadOnline: The Central Bank of Iran in a statement said it will resort to legal action to counter efforts to seize its assets at Deutsche Boerse’s Clearstream unit.
EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati has again called on lenders to tap into the stock market to improve their books and balance sheets.
EghtesadOnline: The Majlis Research Center says a new government plan to divest its assets in assorted companies via exchange-traded funds is not “privatization in the true sense”.
EghtesadOnline: The Iranian Privatization Organization has outlined plans to facilitate divestiture of government assets in the coming Persian calendar year that begins in March.
EghtesadOnline: Iran’s central bank said an Italian court has rejected a lawsuit filed by American plaintiffs over seizure of the bank’s assets in the country worth $5.99 billion.