EghtesadOnline: Iran will soon be able to access billions blocked in overseas banks, namely in South Korea, local media said, citing unnamed officials.
EghtesadOnline: Foreign assets of Iranian banks reached 20,733.3 trillion rials ($74 billion) by end of last November.
EghtesadOnline: Linking the capital market to the crypto market can and will encourage foreign investors to put their money in Iran’s capital market using tokens backed by assets, an official with the Stock Market Research Center said.
EghtesadOnline: The Economy Ministry has prepared an inventory of 2,500 properties owned by different government organizations that have no legal constraints vis-à-vis divestments.
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.