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No Interest Rate Cuts Likely Until May

EghtesadOnline: Interest rate cuts will be postponed until after the presidential elections in May, claims a bank chief executive.
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Publish Date:17/February/2017 | 08:03

Iran, Japan ink banking MoU

EghtesadOnline: Central Bank of Iran signed a memorandum of understanding (MoU) with Japan’s Financial Services Agency (JFSA) in a bid to facilitate the interactions between the two countries’ accredited banks.
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Publish Date:15/February/2017 | 07:32

Iran, Azerbaijan to enhance banking ties

EghtesadOnline: Governor of Central Bank of Iran (CBI), Valiollah Seif, and Azeri economic and financial officials on Monday discussed ways of Iran-Azerbaijan banking relation expansion.
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Publish Date:15/February/2017 | 07:27

CBI Changes Base Year for Calculating GDP

EghtesadOnline: The Central Bank of Iran will change the base year for calculating Iran’s economic growth in the third quarter, said Peyman Qorbani, CBI’s deputy for economic affairs on Saturday.
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Publish Date:13/February/2017 | 13:25

Seif Visiting Baku to Advance Financial Talks

EghtesadOnline: Central Bank of Iran 's Governor Valiollah Seif is expected to discuss an earlier agreement between Tehran and Baku on opening settlement accounts with his Azerbaijani colleagues in Baku, an Iranian diplomat said.
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Publish Date:12/February/2017 | 10:30

3,850 Bank Debtors on Travel Ban List

EghtesadOnline: Due to the importance of social rights and the necessity of banks to recover their non-performing loans, about 3,850 individuals have been put on the no-fly list and more than 4,400 have been removed from it since 2012, said the Central Bank of Iran ’s director for legal affairs.
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Publish Date:12/February/2017 | 10:24

Marriage Loans to Set Record

EghtesadOnline: Since the beginning of the current Iranian year (March 20, 2016), up to 850,000 marriage loans have been allocated to couples, announced the head of Central Bank of Iran ’s Credit Department.
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Publish Date:12/February/2017 | 10:19

CBI's New Oversight Plan Employs Cutting-Edge Practices

EghtesadOnline: The Central Bank of Iran 's new oversight plan for the banking system has employed the latest in international banking experiences and practices, announced the head of the much-anticipated scheme.
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Publish Date:07/February/2017 | 24:15

CBI Puts Risky Banks on Notice

EghtesadOnline: The Central Bank of Iran will ramp up its supervision over risky lenders to prevent their precarious activities from impacting other banks, said an official with the Central Bank of Iran .
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Publish Date:06/February/2017 | 14:53

No Interest Paid on State Accounts

EghtesadOnline: The accounts of Iranian government entities transferred to the Central Bank of Iran as part of a new plan will receive no interest, announced a deputy economy minister.
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Publish Date:05/February/2017 | 13:16

Rules Easing Bank Debtors’ Travel Welcome

EghtesadOnline: A member of Tehran Chamber of Commerce, Industries, Mines and Agriculture has welcomed the rules easing travel for bank debtors, noting that executive bodies should understand the fact that the economy experienced a challenging period that damaged small business owners.
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Publish Date:01/February/2017 | 15:12

CBI Oversight Plan Closer to Implementation

EghtesadOnline: The main component of the Central Bank of Iran ’s grand plan to overhaul its financial oversight regime has been presented to the Money and Credit Council for final approval, an advisor to the central bank governor said.
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Publish Date:01/February/2017 | 15:11

New Rules on Bank Debtors’ Travel Ban

EghtesadOnline: The governor of the Central Bank of Iran has sent a letter to CEOs of all state-owned and private banks, notifying them of new regulations concerning foreign travel ban on bank debtors.
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Publish Date:31/January/2017 | 13:42

New Deadline for Regulating Bureaux de Change

EghtesadOnline: The Central Bank of Iran is required to take measures for regulating the operation of bureaux de change operators by the end of the current Iranian year on March 20, said First Vice President Es’haq Jahangiri.
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Publish Date:23/January/2017 | 14:03

Call for Promoting Competitive Banking

EghtesadOnline: The governor of the Central Bank of Iran has called for promoting competition in the banking system, cautioning that unhealthy rivalry can lead to unsatisfactory repercussions.
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Publish Date:22/January/2017 | 13:12

CBI to Control Civil Service Pay

EghtesadOnline: The Central Bank of Iran will be in charge of paying the salary of civil servants from the start of the next Iranian year (starting March 21, 2017).
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Publish Date:21/January/2017 | 14:05

CBI Outlines Financial Achievement Post Sanctions

EghtesadOnline: The Central Bank of Iran has published a report detailing the achievements of the country’s nuclear accord with world powers in the banking and monetary sectors, as the country marks the first anniversary of the implementation of the landmark deal.
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Publish Date:20/January/2017 | 20:05

Status of JVs Enhanced

EghtesadOnline: The Central Bank of Iran requires banks to consider Iranian companies’ joint ventures with foreigners as a single entity.
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Publish Date:20/January/2017 | 20:02

CBI Eases Leasing Regulations

EghtesadOnline: The Central Bank of Iran announced on Tuesday that it has revised regulations regarding the operation of leasing companies, allowing lenders to offer their services at approximately 3% higher interest rate than those offered by the banking sector.
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Publish Date:18/January/2017 | 05:49

Private Banks Lending Up 20%

EghtesadOnline: The Central Bank of Iran ’s monthly stats show the banking system’s total lending stood at 8.48 quadrillion rials ($215.5 billion at the market exchange rate) by November 20, with private banks and credit institutions accounting for 5.24 quadrillion rials ($133.3 billion) of the total.
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Publish Date:15/January/2017 | 18:56