EghtesadOnline: Residue shares of the government in four major refineries and some state-run companies are to be sold to three semi-private banks, it was decided at a Cabinet meeting in Tehran on Sunday.
EghtesadOnline: The Majlis Research Center has looked into the performance of banks in the first quarter of the current fiscal year (March 20- June 21).
EghtesadOnline: Out of 533,752 businesses that registered at Kara.mcls.gov.ir and were introduced to the banks to receive government-backed coronavirus financial support, 365,841 businesses (70% of the total) have received their loans as of Nov. 30, while the documents and collaterals of the rest are under review, the Central Bank of Iran reported.
EghtesadOnline: The Central Bank of Iran says it lent to banks last week in need of liquidity by implementing open market operation.
EghtesadOnline: Electronic banking charges are higher than what customers pay, says the Central Bank of Iran's deputy governor for innovative technologies, elaborating the reasons behind the recent increase in bank fees.
EghtesadOnline: Iran’s Money and Credit Council, the top monetary decision-making body, approved proposals from the Central Bank of Iran to improve the balance sheets of lenders.
EghtesadOnline: New exchange rates should be used by banks as the basis for converting their forex debt and assets into rial, the Central Bank of Iran said Thursday.
EghtesadOnline: Banks and credit institutions paid 5,060.8 trillion rials ($18 billion) in loans to businesses in the first five months of the current fiscal year (March 20-August 21).
EghtesadOnline: Iranians’ tendency to invest in banks has declined drastically in favor of stocks and real estate markets, according to a poll by the Iran Student Polling Agency (ISPA).
EghtesadOnline: As the stock market continues to plunge, the High Council of Securities and Exchange said banks too can invest in the bourse.