EghtesadOnline: Sadad Informatics Corporation, affiliated with Bank Melli Iran, the nation's biggest bank, has formed a blockchain working group in order to tap into the vast potential offered by the new technology.
EghtesadOnline: CEO of Bank Melli Iran, Mohammad Reza Hosseinzadeh, said the US pullout from the 2015 Iran nuclear deal has failed to undermine the bank’s overseas operations.
EghtesadOnline: Iran’s Bank of Industry and Mine is financing 143 national projects that can generate more than 30,000 direct jobs.
EghtesadOnline: The reimposition of US sanctions on Iran will only have a limited impact on the country’s mining and metals industry in the short run and is expected to do little additional damage to an industry already facing “a myriad of domestic operational challenges”.
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.