EghtesadOnline: The Central Bank of Iran last week granted short-term loans worth 33.1 trillion rials ($130 million) to banks in need of liquidity in the interbank market.
EghtesadOnline: A group of banking experts, including former governors of Central Bank of Iran, has criticized provisions of a new banking bill as ambiguous, impractical and lacking informed analysis.
EghtesadOnline: Bankers prefer the Central Bank of Iran take charge of a long-awaited plan for reforming the outdated banking sector. The call was made in a recent letter to Majlis Speaker Ali Larijani following ratification of the “Comprehensive Islamic Banking Bill” earlier this month.
EghtesadOnline: In a recent meeting with lawmakers, chief executives of banks expressed their opposition towards implementation of banking sector reforms.
EghtesadOnline: Legal experts, former bankers and CEOs of Iranian startups converged at Khatam University in Tehran on Wednesday to help devise solutions to overcome regulatory hurdles facing local tech firms.
EghtesadOnline: Iranian banks have again found themselves at the center of US efforts to exert maximum pressure on the economy two weeks after the Trump administration slapped its second round of penalties.