Central Bank of Iran - page 44

tag Central Bank of Iran

Iran Private Banks, Central Bank in Interest Rate Cut Talks

EghtesadOnline: Private banks and credit institutions are in favor of lowering interest rates and they are currently holding negotiations in this regard with financial authorities, especially the Central Bank of Iran and the Money and Credit Council, the head of the Association of Private Banks said.
|
Publish Date:20/June/2017 | 06:01

Iran GDP Growth 12.5%

EghtesadOnline: Iran economy grew 12.5% in March 2016-17 compared to the preceding year, according to the Central Bank of Iran 's latest report released on Sunday.
|
Publish Date:19/June/2017 | 04:59

Iran: 30% Progress in Banks IFRS Adoption

EghtesadOnline: Iranian banks’ progress in adapting to their financial statements with the new model set by the Central Bank of Iran was around 20-30% during the previous Iranian year (ended March 20), said a private bank’s board member.
|
Publish Date:17/June/2017 | 07:09

22 Iranian Banks Link Up With Oberbank

EghtesadOnline: Banking ties with two major Austrian banks are being established, with Iranian banks establishing 22 correspondent relations only with Oberbank, the governor of the Central Bank of Iran said.
|
Publish Date:13/June/2017 | 05:59

Anticipation Grows for Iran Ahead of FATF Session

EghtesadOnline: The Financial Action Task Force–the global body that monitors money laundering worldwide–will have Iran on top of its mind when it convenes for its forthcoming plenary and working group meetings on June 18, the Central Bank of Iran 's director for international affairs announced.
|
Publish Date:11/June/2017 | 06:36

Wide Support for Iran's Bank Mergers

EghtesadOnline: The possibility of mergers in the Iranian banking system accelerated with the recent announcement by the Central Bank of Iran ’s Governor Valiollah Seif that the motion could be used as a solution for low-profit banks since it helps them reduce their expenses while easing the process of standardizing their financial statements and banking operations.
|
Publish Date:11/June/2017 | 07:15

CBI: Iran Financial System on Sound Footing

EghtesadOnline: Even though a handful of Iranian banks are fighting formidable challenges, including unhealthy balance sheets and thin capital cushions, they are not facing any existential threats, said a Central Bank of Iran official in response to recent claims that the financial system is nearing bankruptcy.
|
Publish Date:06/June/2017 | 09:56

CBI Chief: Int’l banks cautious due to unfamiliarity with Iran’s economy

EghtesadOnline: Governor of Central bank of Iran (CBI) Valiollah Seif in a meeting with Australian Ambassador to Iran Ian Biggs in Tehran on Thursday underlined that the caution practiced by the international banks in their transactions with Iran is attributed to their lack of familiarity with Iran’s economy.
|
Publish Date:03/June/2017 | 24:32

CBI: Iran Economy Grew 15.7% in Q3

EghtesadOnline: The Central Bank of Iran has published growth figures for the third quarter of the last Iranian year (September 22-December 20, 2016).
|
Publish Date:29/May/2017 | 07:22

Bank Mergers Possible

EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif has confirmed the possibility of merging banks, saying it will help the financial statements of Iranian banks comply with international standards.
|
Publish Date:27/May/2017 | 07:34

Banks Urged to Prioritize Bad Loan Recovery

EghtesadOnline: As the Iranian banking system continues to grapple with the growing problem of sour loans, the governor of the Central Bank of Iran has urged lenders to direct the bulk of their efforts toward recovering their non-performing loans.
|
Publish Date:27/May/2017 | 05:21

Banks’ Investment Regulations Announced

EghtesadOnline: The Central Bank of Iran has called on banks and credit institutions to cease any involvement in investment funds as well as the purchase of any kind of securities and bonds, which the regulator has deemed as "non-banking activity".
|
Publish Date:24/May/2017 | 07:57

Iran to Tap Int'l Debt Market After Risk Improvement

EghtesadOnline: The possibility of Iran entering the international debt market hinges on a number of reasons, namely its risk factor in the eyes of global entities, which the country expects to improve, the governor of the Central Bank of Iran said.
|
Publish Date:23/May/2017 | 09:06

Central Bank Seeking New Payment Agreements

EghtesadOnline: Negotiations with the Central Bank of the Republic of Turkey as well as a number of countries from Latin America and Asia to sign currency swap arrangements are underway with a handful of proposals also being sent to African countries, the deputy governor for foreign exchange affairs at the Central Bank of Iran said.
|
Publish Date:22/May/2017 | 08:39

Reliability of Monetary Data Underscored

EghtesadOnline: Data released by the Central Bank of Iran are routinely monitored by the International Monetary Fund, therefore it must be compatible with international standards, announced the governor of CBI.
|
Publish Date:21/May/2017 | 08:49

Iran Currency Market Unaffected by Presidential Election

EghtesadOnline: Governor of the Central Bank of Iran has dismissed claims that Friday's presidential election would trigger fluctuations in the foreign exchange market, reassuring the public that all is calm in the Iranian currency market.
|
Publish Date:20/May/2017 | 10:37

CBI Governor Downplays Gov't Debts

EghtesadOnline: The Central Bank of Iran 's governor has fended off criticism over government payment arrears to the banking sector, stressing that Iran is doing better than a number of other countries in this regard.
|
Publish Date:16/May/2017 | 08:35

Industry-Wide Growth Momentum Continues

EghtesadOnline: The Iranian public will gradually begin to tangibly feel the effects of sanctions relief as a result of the nuclear accord, as all major industries register continued growth, the Central Bank of Iran 's deputy for economic affairs said.
|
Publish Date:15/May/2017 | 09:11

CBI Targets for Next Four Years Outlined

EghtesadOnline: The Central Bank of Iran will focus on managing banking interest rates and preventing a price war among other things for the four-year tenure of the next administration, the head of which will be introduced after the May 19 presidential election, the director of Monetary and Banking Research Institute said.
|
Publish Date:15/May/2017 | 04:58