Central Bank of Iran - page 24

tag Central Bank of Iran

Parliament Wants Better Interactions With CBI

EghtesadOnline: The first deputy speaker of the Majlis called for better and more developed interactions between the parliament and the Central Bank of Iran , considering the importance of the bank’s operations for policymakers.
|
Publish Date:12/January/2017 | 14:45

54 Projects for Payment Industry Overhaul

EghtesadOnline: The Central Bank of Iran has devised 54 projects and platforms as part of its 2021 Roadmap that outlines an innovative, flexible and strong future for the banking system, announced the bank’s deputy for innovative technologies.
|
Publish Date:12/January/2017 | 14:43

200 Credit Cooperatives Licensed by CBI

EghtesadOnline: The Central Bank of Iran has issued licenses for 200 credit cooperatives since the beginning of the current Iranian year (started March 20, 2016), CBI’s deputy for supervisory affairs announced on Wednesday.
|
Publish Date:12/January/2017 | 14:34

Interest-Free Loans to Help Create Jobs

EghtesadOnline: The Central Bank of Iran is obligated to allocate interest-free loans to socially vulnerable people covered by two main charity organizations, announced the head of Majlis Joint Committee for the sixth five-year development plan (2016-21).
|
Publish Date:09/January/2017 | 15:04

NPL Ratio Falls to 11% in H1

EghtesadOnline: The Iranian banking sector’s ratio of non-performing loans stood at 11% by September 20, down from 13.6% in September 20, 2014, the Central Bank of Iran ’s governor announced.
|
Publish Date:09/January/2017 | 15:01

Nourbakhsh Banking Innovation Awards Presented

EghtesadOnline: Winners of the Nourbakhsh Banking Innovation Awards were announced during the closing ceremony of the Sixth Conference on E-Banking and Payment Systems in Tehran on Tuesday.
|
Publish Date:05/January/2017 | 05:57

CBI Tightens Scrutiny of Forex Trading

EghtesadOnline: The Central Bank of Iran has announced that it will hand a list of people who traded large amounts of foreign exchange in recent weeks to Iran National Tax Administration for further investigation.
|
Publish Date:31/December/2016 | 14:48

Optimism Over Banks’ Forex Trading

EghtesadOnline: A private-sector representative has welcomed the Central Bank of Iran ’s recent decision to allow banks to handle foreign exchange transactions at a free-market rate by calling it a “good opportunity”.
|
Publish Date:30/December/2016 | 10:02

Winter of Discontent: Iranian Banks and the Need for Reform

EghtesadOnline: The brouhaha surrounding the condition of Iranian banks is valid, as the crisis has been brewing for a long time. Oddly, what has now unfolded due to years of regulatory neglect and mismanagement by lenders has been blamed on an overhaul of the banks’ financial statements ordered by the Central Bank of Iran .
|
Publish Date:27/December/2016 | 10:51

Regulatory Rebuke for 10 Iranian Banks

EghtesadOnline: The Central Bank of Iran has issued formal warnings to 10 banks for violating interest rates set by the Money and Credit Council, the bank’s deputy for supervisory affairs announced.
|
Publish Date:25/December/2016 | 18:13

Iran, Kyrgyzstan to develop banking cooperation

EghtesadOnline: The Governor of the Central Bank of Iran (CBI) Valiollah Seif and Chairman of the National Bank of the Kyrgyz Republic Tolkunbek Abdygulov reviewed ways of boosting bilateral cooperation.
|
Publish Date:24/December/2016 | 15:32

Higher-Denominations Bills a Possibility

EghtesadOnline: With the impending implementation of the plan to switch the Iranian monetary unit from rial to toman, the Central Bank of Iran may issue banknotes with higher denominations, the chief executive of a major private bank said.
|
Publish Date:22/December/2016 | 11:29

Iran Banks Lending Up 48%

EghtesadOnline: The banking sector lent 3.26 quadrillion rials ($82.7 billion) to 5.3 million applicants during the eight months ending Nov. 20, marking a 48.4% growth compared with the same period of last year, the Central Bank of Iran ’s data show.
|
Publish Date:22/December/2016 | 11:27

95% of Money Supply From Private Sector Deposits

EghtesadOnline: The governor of the Central Bank of Iran has analyzed recent concerns over the growth of money supply saying that private sector savings–as opposed to state deposits–comprise 95% of the liquidity.
|
Publish Date:28/November/2016 | 20:19

Leap in Working Capital Loans

EghtesadOnline: The total amount of loans allocated to the services sector by Iranian banks in the first seven months of the fiscal year to October 22 has been more than five times the amount of loans handed out to the agriculture sector, a report by the Central Bank of Iran indicates.
|
Publish Date:28/November/2016 | 20:14

Why Economic Reforms Matter

EghtesadOnline: The Central Bank of Iran has published its latest report on the economic performance of the country for the six months ending Sep. 21. Although the report lacks important data such as the growth rate–the bank has avoided releasing such sensitive data for more than a year– it serves as a grim reminder about the slippery slope the economy is in once again.
|
Publish Date:22/November/2016 | 19:58

Revenues From Selling Used Goods Decline in Iran

EghtesadOnline: Each Iranian household earned over 9.49 million rials ($259 at market exchange rate) on average from selling secondhand belongings in the last Iranian year (March 2015-16), which indicates a 10.9% decline compared to the preceding year, a report by the Central Bank of Iran shows.
|
Publish Date:12/November/2016 | 19:42