EghtesadOnline: Data from the Central Bank of Iran shows lenders are working to cut extra and unwanted branches over the past two quarters.
EghtesadOnline: Total deposits with banks and credit institutions reached 22,165 trillion rials ($195 billion) during the fourth month (June 22- July 22) of the current fiscal year indicating 26.9% annual growth.
EghtesadOnline: On the anniversary marking the US economic sanctions on November 4, 2018, governor of the Central Bank of Iran said the hostile restrictions and “maximum pressure” of the United States government failed to produce what the Trump White House desired, expected and worked for tirelessly.
EghtesadOnline: A former governor of the Central Bank of Iran says the regulated foreign exchange market would be a significant step by the CBI toward a single rate currency.
EghtesadOnline: The Central Bank of Iran has obliged importers who use subsidized currency to sell their goods via a transparent distribution network, according to a CBI official.
EghtesadOnline: A deputy governor of the Central Bank of Iran met the Australian ambassador to Iran, Ian Biggs, on Tuesday to discuss monetary and banking issues. The two sides agreed to expand banking cooperation.
EghtesadOnline: The Central Bank of Iran is trying to find ways to plug the budget deficit and avoid printing more money, says the CBI governor Abdolnaser Hemmati.
EghtesadOnline: Deposits in Iranian banks and credit institutions totaled 20,223 trillion rials ($155 billion) during the eleven-months to Feb 19, up 32% compared to the same period a year ago.
EghtesadOnline: Heads of the central banks of South Korea and Iran met in Seoul to discuss banking hurdles between the two sides and find workable solutions.
EghtesadOnline: In a meeting with South Korean Ambassador Ryu Jeong-hyun, the governor of the Central Bank of Iran faulted banks in that country for blocking Iranian assets and creating financial difficulties for Iran’s businesses.