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Three Foreign Banks to Open in Iran, Central Bank Official Says

EghtesadOnline: Three foreign banks are opening up representative offices in Iran as the country seeks to boost investment after reaching an international sanctions deal last year, a central bank official said.
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Publish Date:01/November/2016 | 24:50

CBI chief slams US different attitude towards nuclear deal

EghtesadOnline: Governor of Central Bank of Iran (CBI) Valiollah Seif criticized US different behavior towards Iran compared to other nuclear negotiating countries, it was reported on Sunday.
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Publish Date:30/October/2016 | 08:34

CBI governor agrees with Singapore Dy PM on direct banking ties

EghtesadOnline: Governor of Central Bank of Iran (CBI) Valiollah Seif met with Singapore Deputy Prime Minister and Minister of Coordination of Economic Affairs Tharman Shanmugaratnam on Tuesday and reached agreement to begin a new chapter of banking activities.
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Publish Date:25/October/2016 | 19:51

Reforms Distance Banks From Central Bank

EghtesadOnline: The banking overhaul plan–a roadmap enacted by President Hassan Rouhani to transform the outdated banking system–would allow the banking sector to fend for itself without relying on the Central Bank of Iran , said Masoud Nili, a senior economic advisor to the president.
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Publish Date:16/October/2016 | 19:03

CBI chief hails Iran’s economic achievements

EghtesadOnline: Central Bank of Iran (CBI) Chief Valiollah Seif on Saturday hailed Iran’s economic achievements during the period of low oil prices.
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Publish Date:16/October/2016 | 10:15

Cross-Border Payments Can Elevate Tourism Industry

EghtesadOnline: The Central Bank of Iran is trying to link domestic bank cards with neighboring countries, “as a part of the banking sector’s plans to help promote the tourism industry in Iran,” said CBI governor, Valiollah Seif on Sunday.
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Publish Date:03/October/2016 | 21:19

Iran Inflation rate stands at 8.8 percent

EghtesadOnline: The Central Bank of Iran (CBI) announced on Monday that the inflation rate reached 8.8 percent in the 12-month period leading to the Iranian calendar month of Shahrivar (ended September 21).
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Publish Date:26/September/2016 | 09:33

Iranian Household Income, Expense Balanced Out Last Year

EghtesadOnline: Income and living expenses of Iranian households almost evened out in the last Iranian year (March 2015-16), according to the latest report of the Central Bank of Iran .
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Publish Date:25/September/2016 | 06:23

CBI Has Ten-Point Plan to Overhaul Banking Sector

EghtesadOnline: The action plan of the Central Bank of Iran regarding the implementation of the Banking Overhaul Plan is premised on 10 key factors, said the vice-governor of the bank.
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Publish Date:11/September/2016 | 24:45

France calls for improvement of banking ties with Iran

EghtesadOnline: Visiting President of French National Assembly Claude Bartolone called for improvement of banking cooperation with Iran in a meeting with Central Bank of Iran (CBI) Chief Valiollah Seif on Wednesday.
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Publish Date:08/September/2016 | 10:21

Forex Bourse by Yearend

EghtesadOnline: The Central Bank of Iran is planning to launch a foreign currency bourse in the banking system, probably after the unification of foreign exchange rates by the end of the current Iranian year (March 20, 2017).
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Publish Date:04/September/2016 | 11:11

Iran, Russia Agree to Trade in Nat’l Currencies

EghtesadOnline: The commercial banks of Russia and Iran have agreed to pay for bilateral supplies of products in national currencies, the Central Bank of Russia said in a statement on Friday.
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Publish Date:03/September/2016 | 15:44

Iranian Banks Rating Begin in October

EghtesadOnline: The rating process for Iranian banks will commence in late October and lenders will be classified into four main groups, said the Central Bank of Iran 's deputy for supervisory affairs.
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Publish Date:01/September/2016 | 24:17

Bill Proposes Enhanced Central Bank Autonomy

EghtesadOnline: The Central Bank Bill is set to improve the regulator's independence in various aspects, said the CBI vice-governor, Ali Akbar Komijani, elaborating on details of the Central Bank Bill and the Banking Reform Bill awaiting parliamentary approval,
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Publish Date:30/August/2016 | 16:11

New Rate Cut Will Herald Decline in Inflation Rate

EghtesadOnline: The Money and Credit Council –a decision-making body–is pondering a further cut in bank interest rates, as the inflation rate is likely to continue on its downward trend, says a former governor of the Central Bank of Iran .
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Publish Date:21/August/2016 | 24:06

Ultimatum for Lenders: End Non-Banking Ventures

EghtesadOnline: The Central Bank of Iran has never approved banks engaging in speculative and non-banking activities, said the CBI’s deputy for supervisory affairs on Thursday.
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Publish Date:20/August/2016 | 11:27

Iran to open accounts in Exim Bank of China

EghtesadOnline: Central Bank of Iran (CBI) will open two euro and yuan accounts in Exim Bank of China in order to facilitate settlement of banking transactions.
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Publish Date:18/August/2016 | 15:54

Gov't Moving Accounts to CBI

EghtesadOnline: In a groundbreaking decision, the government has announced measures to transfer its accounts from agent banks to the Central Bank of Iran in line with its policies to promote transparency and avoid dodgy practices related to expenditure.
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Publish Date:13/August/2016 | 09:26