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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Publish Date: 12/November/2016 | 19:42

Iran, Singapore agree to expand banking ties

EghtesadOnline: Top banking officials from Iran and Singapore held talks in Singapore Tuesday on expansion of banking relations and facilitation of ways to that end.
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Publish Date: 25/October/2016 | 10:20

Central banks of Iran, Germany to ink agreement

EghtesadOnline: The visiting Vice-Chancellor of Germany Sigmar Gabriel has announced that Deutsche Bundesbank and Central Bank of Iran (CBI) are to sign an agreement on mutual cooperation on Monday.
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Publish Date: 05/October/2016 | 16:27

CBI’s New Bid to Dismantle Unlicensed Credit Institutions

EghtesadOnline: The Central Bank of Iran is pushing forward with the initiative to regulate non-bank institutions via a four-point master plan, says the director of the office for supervising non-bank institutions.
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Publish Date: 02/October/2016 | 22:31

Business Lending to Reach $146b by March

EghtesadOnline: The governor of the Central Bank of Iran says the total amount of loans to businesses by banks will reach 4.6 quadrillion rials ($146.8 billion) by the end of the current fiscal year in March.
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Publish Date: 15/September/2016 | 24:11

Iran undertakes SEANZA presidency

EghtesadOnline: Governor of Central Bank of Iran (CBI) Valiollah Seif said on Friday that the Islamic Republic of Iran undertook rotating presidency of South East Asia, New Zealand, Australia (SEANZA) central banks secretariat.
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Publish Date: 28/August/2016 | 11:34

Foreign Debt Down 25%

EghtesadOnline: The Central Bank of Iran said Sunday foreign debt was near $6.40 billion by the end of the eleventh calendar month to February 22 -- $2.7 billion or 25% lower on fiscal March 2021-22.
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Publish Date: 01/May/2023 | 21:49

Ceiling Raised on Microloans, Again

EghtesadOnline: The Credit Commission of the Central Bank of Iran has agreed to raise the cap on Qarzol-Hassanah (interest-free microcredit) loans by 50%.
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Publish Date: 27/April/2023 | 20:15

Bonds Generate $879m

EghtesadOnline: The government sold 448.7 trillion rials ($879.8 million) bonds in the 43rd weekly auction -- the highest in the last fiscal year that ended on March 20.
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Publish Date: 04/April/2023 | 22:04