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Tehran House Sales Slump in February

EghtesadOnline: Realtors in Tehran recorded 15,600 residential real-estate deals during the 11th month of the Iranian fiscal year (ended February 18), indicating a 4.5% drop compared with the same period of last year.
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Publish Date:27/February/2017 | 15:27

Iran Gov't Declares Auto Tax Earnings

EghtesadOnline: The Central Bank of Iran has released the government's income from taxes in the automotive sector for the nine-month period ending December 20, 2016.
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Publish Date:26/February/2017 | 24:56

Inflation Accelerates

EghtesadOnline: The Central Bank of Iran reported an average inflation rate of 8.73% for the 12 months to February 18 (the end of the Iranian month of Bahman), indicating the first major rise since June 2015.
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Publish Date:26/February/2017 | 24:14

CBI Puts Inflation at 8.7%

EghtesadOnline: The average goods and services Consumer Price Index for urban areas in the 12 months ending February 18, which marks the end of the Iranian month of Bahman, reached 8.7% compared with last year’s corresponding period.
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Publish Date:25/February/2017 | 13:55

Iran, Malaysia to boost trade cooperation in local currency

EghtesadOnline: Deputy Governor of Central Bank of Iran (CBI) for foreign exchange affairs Gholamali Kamyab stressed the need for promoting trade using local currencies in a meeting with his Malaysian counterpart, saying that CBI’s current policy is to facilitate transactions through domestic currencies.
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Publish Date:25/February/2017 | 10:23

CBI's Criteria for Foreign Banks in Free Trade Zones

EghtesadOnline: Since three years ago, the Central Bank of Iran has endeavored to simplify the process of establishing foreign banks in free trade zones in line with economic policies, the secretary-general of CBI said.
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Publish Date:21/February/2017 | 14:28

CBI Forex Asset Revaluation to Help Augment Bank Lending

EghtesadOnline: A member of Tehran Chamber of Commerce, Industries, Mines and Agriculture has welcomed the government’s measure to revaluate the Central Bank of Iran ’s foreign exchange assets to increase the lending power of banks, saying the move had been a “last resort” to make up for lenders’ capital shortage.
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Publish Date:20/February/2017 | 15:52

Banks Rapped Over Penalty Waiver

EghtesadOnline: A member of Majlis Economic Commission has criticized the poor execution of a Central Bank of Iran directive by the banking network.
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Publish Date:19/February/2017 | 14:47

CBI chief: No frozen assets of Iran in Oman

EghtesadOnline: Governor of Central Bank of Iran (CBI) Valiollah Seif explained his recent negotiations with Omani banking officials during his recent visit of President Hassan Rouhani to that country, saying the two countries will sign a memorandum of understanding (MoU) soon.
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Publish Date:18/February/2017 | 13:12

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