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Credit Institutions

  • EghtesadOnline: A CBI report shows that more than half of the loans given by Iranian banks and credit institutions were in the form of civil partnership and installment sale contracts.

  • EghtesadOnline: Banks and credit institutions paid 6,262.7 trillion rials ($47 billion) in loans during the first nine months (March 20-Dec 21, 2019) of current fiscal year.

  • EghtesadOnline: Banks customers had 23,725.6 trillion rials ($182.5 billion) in deposits with banks and credit institutions by the end of the seventh month of the current fiscal year (October 22), according to the Central Bank of Iran.

  • EghtesadOnline: The Central Bank of Iran in a directive has ordered banks and credit institutions to send it the names of the checkbook holders who have had more than 20 bounced checks times.

  • EghtesadOnline: Banks and credit institutions owed the Central Bank of Iran 2,085 trillion rials ($16 billion), by the end of the eighth month (November 21) of current Iranian fiscal year that ends in March.

  • EghtesadOnline: Banks and credit institutions have sold property and non-financial assets worth 150 trillion rials ($1.1 billion) since the beginning of current fiscal year in March 2019, said an official with the Economy Ministry.

  • EghtesadOnline: Deposits with Iranian banks and credit institutions have been rising over the past year to reach 23,493.9 trillion rials ($181.4 billion as per current exchange rates) by the end of sixth calendar month to September 22, according to Central Bank of Iran.

  • EghtesadOnline: Banks and credit institutions paid 5,313 trillion rials ($40.8 billion) in loans in the first eight months of current fiscal year to Nov.21.

  • EghtesadOnline: An unprecedented bank merger is underway in Iran since last March in which five banks and credit institutions affiliated to military organizations are being merged with the state-owned Bank Sepah.

  • EghtesadOnline: Economy Minister Farhad Dejpasand unveiled an online system that tracks surplus assets owned by banks and credit institutions.