Central Bank of Iran

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Bad Checks Jump

EghtesadOnline: Central Bank of Iran data show a sharp increase in bad checks in the month to January 20 while there was no significant change in overall check transactions.
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Publish Date:20/February/2022 | 15:19

CBI Message to Banks: Clean Up Your Books

EghtesadOnline: The Central Bank of Iran is expanding the scale of its monitoring of banks’ lending policies with the help of innovative IT tools.
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Publish Date:07/September/2021 | 13:47

Bad Loans Decline

EghtesadOnline: Data published by the Central Bank of Iran show lenders have performed reasonably better in reducing non-performing loans in the previous fiscal year that ended in March.
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Publish Date:21/July/2021 | 19:08

Gov’t Says Improving Tax Collection System

EghtesadOnline: To streamline tax regime and improve collections, the Central Bank of Iran says about 8.5 million point-of-sale terminals and payment gateways are now connected to electronic portals of the Iranian National Tax Administration (INTA).
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Publish Date:12/July/2021 | 24:17

What Prospects for Neobanks?

EghtesadOnline: The Central Bank of Iran is to authorize the first neobank by the March yearend but digital banking experts doubt the readiness of the banking industry to admit fully digital players.
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Publish Date:29/June/2021 | 11:48

Bonds Fail to Provide Refuge

EghtesadOnline: The weekly government bond auctions held by the Central Bank of Iran again failed to attract buyers this week.
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Publish Date:27/June/2021 | 06:53

Currency and Gold Climb in Iran

EghtesadOnline: Currency and gold prices increased on Monday contrary to expectations of the Central Bank of Iran that rates will decline as the Iran nuclear talks in Vienna make progress.
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Publish Date:11/May/2021 | 24:09

Banks Told to Block Transactions of Flawed IDs

EghtesadOnline: The Central Bank of Iran announced that as of April 26, the PAYA network, an electronic clearing house, has stopped processing transactions lacking full ID of bank customers.
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Publish Date:28/April/2021 | 24:50

Interbank Lending Picks Up

EghtesadOnline: Data released by the Central Bank of Iran indicate that banks handled transactions worth almost 775.3 trillion rials ($3.2 billion) a day at the interbank market in the previous fiscal year (March 2020-21).
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Publish Date:25/April/2021 | 07:16

CBI to Ease Contactless Payment

EghtesadOnline: The Central Bank of Iran will soon unveil its contactless payment scheme, allowing cardholders to make payment transactions solely using their smartphones, the bank's governor says.
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Publish Date:07/February/2021 | 17:00

Fiscal Policy Not Proactive

EghtesadOnline: The ever-expanding money supply and the rising consumer price inflation are products of the domination of fiscal policies over monetary policies, head of the Central Bank of Iran economic department said.
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Publish Date:06/February/2021 | 13:37

Bond Sale at 8-Week High

EghtesadOnline: The government sold 29.1 trillion rials ($121 million) in bonds at the weekly auction held by the Central Bank of Iran on Tuesday.
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Publish Date:04/February/2021 | 17:07

Swiss Trade Channel Needs Practicability

EghtesadOnline: In a delayed response to the humanitarian trade channel between Iran and Switzerland coming into full effect, governor of the Central Bank of Iran said its effect should be seen in practice.
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Publish Date:07/March/2020 | 07:04

Banks Ostensibly Have Enough Liquidity

EghtesadOnline: During the last round of open market operation by Central Bank of Iran Wednesday, none of the lenders put up their bonds on offer, indicating they are not now in need of liquidity.
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Publish Date:29/February/2020 | 06:55

Banks $16 Billion in the Red

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.
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Publish Date:18/January/2020 | 13:14

Central Bank of Iran ’s Report for 8 Months: Housing Loans Hit $3 Billion

EghtesadOnline: According to a new report by the Central Bank of Iran , 724,255 loans worth 390.94 trillion rials ($3 billion) were given out to different housing subsectors, including for home purchase, construction and repair, during the eight months to Nov. 21.
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Publish Date:01/January/2020 | 11:28

Bankers Prefer CBI Fix Banking Reforms

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.
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Publish Date:30/December/2019 | 24:48

Banks Will Lend $8.3b to Help Raise Production

EghtesadOnline: The Central Bank of Iran , as part of a plan called "Productive Working Capital" has assigned a number of banks to lend 1,000 trillion rials ($8.3 billion) to productive businesses in the agriculture, housing and construction, industries and mining, petroleum and tourism sectors.
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Publish Date:24/November/2019 | 11:19