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Iran, Syria to Strengthen Banking Ties

EghtesadOnline: Central Bank of Iran ’s Governor Valiollah Seif met with his Syrian counterpart on Sunday to review banking ties and discuss further cooperation to finance economic projects.
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Publish Date:12/June/2017 | 07:51

Tenuous Dollar Role Merits Shift to Other Currencies

EghtesadOnline: A Central Bank of Iran official has denied any downside resulting from the country's decision to ditch the US dollar in its official statements, saying the minor role of the greenback in Iran's currency basket justifies the decision.
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Publish Date:11/June/2017 | 10:27

Funding Priorities of Iran Banks Notified

EghtesadOnline: The Central Bank of Iran has notified the lending priorities of the banking system for the current fiscal year (started March 21), outlining the roadmap for lenders as they seek to support business and industries still reeling from a biting recession that hit nearly all economic sectors.
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Publish Date:11/June/2017 | 06:27

5 Foreign Banks Licensed by Iran

EghtesadOnline: The Central Bank of Iran has released the names of 40 registered banks and credit institutions active in the country, which include the names of five foreign banks mostly based in Tehran and Kish Free Trade Zone.
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Publish Date:07/June/2017 | 09:46

Central Bank of Iran Go Head for Auto Leasing Firms

EghtesadOnline: Of the 27 leasing companies registered on the Central Bank of Iran 's website, five have been cleared for operations in the field, according to a new report by the CBI.
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Publish Date:06/June/2017 | 11:49

Upbeat Prospects for Iran-Australia Ties

EghtesadOnline: Recent improvements in the Iranian banking system such as the adoption of Financial Action Task Force regulations, positive forecasts by the International Monetary Fund and the gradual implementation of Basel accord standards are promising a better economic future for Iran, said the Australian ambassador to Tehran during a meeting with the Central Bank of Iran ’s Governor Valiollah Seif.
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Publish Date:06/June/2017 | 11:38

CBI, Parliament Working to Resolve Caspian Dilemma

EghtesadOnline: The Central Bank of Iran and the Iranian Parliament are working closely to resolve the issues surrounding the Caspian credit institution and the overall saga of shadow banks engulfing the informal money market.
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Publish Date:03/June/2017 | 08:12

Central Bank: PPI Inflation at 5.9%

EghtesadOnline: The average Producer Price Index in the 12 months ending May 21, which marks the end of the Iranian month of Ordibehesht, reached 5.9% compared with last year’s corresponding period, the latest report by the Central Bank of Iran showed.
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Publish Date:29/May/2017 | 07:29

Remaining Frozen Assets Insignificant

EghtesadOnline: Only an insignificant volume of Iranian assets frozen overseas remain inaccessible, the Central Bank of Iran ’s deputy for foreign exchange affairs said.
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Publish Date:29/May/2017 | 07:07

CBI Puts Iran Inflation at 9.8% (May 2017)

EghtesadOnline: The average goods and services Consumer Price Index for urban areas in the 12 months ending May 21, which marks the end of the Iranian month of Ordibehesht, reached 9.8% compared with last year’s corresponding period, according to the latest report released by the Central Bank of Iran .
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Publish Date:27/May/2017 | 08:03

CBI: Double-Digit GDP Growth Expected

EghtesadOnline: The Central Bank of Iran said it is expecting a double-digit economic growth for the last fiscal year that ended on March 20, 2017.
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Publish Date:22/May/2017 | 08:43

CBI Changes CPI Base Year

EghtesadOnline: The base year for releasing Central Bank of Iran 's official statistics will be shifted to the last Iranian year that ended on March 20, 2017, announced CBI's director general for economic statistics.
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Publish Date:22/May/2017 | 08:37

Refah Bank Loan Penalty Waiver

EghtesadOnline: Refah Kargaran Bank is set to waive fines for its debtors in line with the Central Bank of Iran ’s directive, Refah bank’s website announced.
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Publish Date:22/May/2017 | 08:36

Bank Rating System Under Review

EghtesadOnline: The new rating system for Iranian banks based on which each bank will be ranked is currently under review in the Central Bank of Iran , the director of the Association of Private Banks and Credit Institutions said.
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Publish Date:22/May/2017 | 08:32

CBI Notifies Sixth Plan’s Banking Measures

EghtesadOnline: The Central Bank of Iran has communicated bank-related regulatory articles of the sixth five-year development plan (2017-22) to the banking system.
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Publish Date:21/May/2017 | 08:50

Iran, Russia Integrate Bank Card Systems

EghtesadOnline: Iran and Russia have integrated their bank card systems, allowing their citizens to use the cards in each other's country from late August, the Central Bank of Iran announced.
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Publish Date:20/May/2017 | 07:42

Reimbursement for Fereshtegan Customers

EghtesadOnline: Customers of the now-dissolved Fereshtegan Credit Institution will be gradually reimbursed by Caspian Credit Institution, the Central Bank of Iran announced.
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Publish Date:20/May/2017 | 07:39

Banking Bill to Reach Parliament in Two Months

EghtesadOnline: The first major step to implement much-needed reforms in the Iranian banking sector is to be taken by the government in summer when it submits the Banking Reform Bill to the Parliament, the governor of the Central Bank of Iran said.
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Publish Date:20/May/2017 | 07:33

CBI Underscores Support for Production

EghtesadOnline: The governor of the Central Bank of Iran emphasized the importance of supporting production, referring to the entity he leads and the banking system as the main bodies backing the sector.
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Publish Date:17/May/2017 | 09:27

Home Loans to Increase for Elites

EghtesadOnline: The Central Bank of Iran has decided to increase the ceiling of home loans for elites by 60% to encourage them to stay in the country, the CBI’s website announced.
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Publish Date:16/May/2017 | 08:38