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Draft Rules for Entry of Int'l Credit Institutions in Iran FTZs

EghtesadOnline: The High Council of Free Trade Zones has announced that a draft version of regulations for the operation of international financial institutions (IFIs) in the zones has been devised and is pending the Cabinet's approval.
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Publish Date:14/January/2018 | 09:39

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

Banks Are Obliged to Give $4.9b in Mandatory Loans

EghtesadOnline: Banks and credit institutions are mandated to allocate up to 2,000 trillion rials ($4.92 billion) in interest-free lending for government programs including loans to newlyweds, for childbirth and to support needy families.
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Publish Date:18/January/2023 | 20:49

Banks Are Obliged to Give $4.9b in Mandatory Loans

EghtesadOnline: Banks and credit institutions are mandated to allocate up to 2,000 trillion rials ($4.92 billion) in interest-free lending for government programs including loans to newlyweds, for childbirth and to support needy families.
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Publish Date:18/January/2023 | 20:49

In 5 Months Banks Lend $18 Billion

EghtesadOnline: Banks and credit institutions paid 5,060.8 trillion rials ($18 billion) in loans to businesses in the first five months of the current fiscal year (March 20-August 21).
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Publish Date:29/September/2020 | 14:22

Banks Debt to CBI Down 25%

EghtesadOnline: Debs of banks and credit institutions to the Central Bank of Iran declined 25.6% year-on-year to Dec. 21.
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Publish Date:29/February/2020 | 06:58

2 Businesses Top List of Borrowers

EghtesadOnline: A CBI report shows that more than half of the loans given by Iranian banks and credit institutions were in the form of civil partnership and installment sale contracts.
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Publish Date:19/February/2020 | 05:03

Banks Deposits in Iran Rise to $182b

EghtesadOnline: Banks customers had 23,725.6 trillion rials ($182.5 billion) in deposits with banks and credit institutions by the end of the seventh month of the current fiscal year (October 22), according to the Central Bank of Iran.
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Publish Date:25/January/2020 | 24:23

Bad Checks Under Scrutiny

EghtesadOnline: The Central Bank of Iran in a directive has ordered banks and credit institutions to send it the names of the checkbook holders who have had more than 20 bounced checks times.
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Publish Date:21/January/2020 | 13:12

Banks Sell Surplus Property, Generate $1 Billion

EghtesadOnline: Banks and credit institutions have sold property and non-financial assets worth 150 trillion rials ($1.1 billion) since the beginning of current fiscal year in March 2019, said an official with the Economy Ministry.
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Publish Date:11/January/2020 | 24:33

Iran: Bank Deposits Rise 30% in 1 Year

EghtesadOnline: Deposits with Iranian banks and credit institutions have been rising over the past year to reach 23,493.9 trillion rials ($181.4 billion as per current exchange rates) by the end of sixth calendar month to September 22, according to Central Bank of Iran.
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Publish Date:30/December/2019 | 24:37

Banks Lend $40b in 8 Months

EghtesadOnline: Banks and credit institutions paid 5,313 trillion rials ($40.8 billion) in loans in the first eight months of current fiscal year to Nov.21.
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Publish Date:25/December/2019 | 10:38

Iranian Banks Streamlining Operations Before Merger

EghtesadOnline: An unprecedented bank merger is underway in Iran since last March in which five banks and credit institutions affiliated to military organizations are being merged with the state-owned Bank Sepah.
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Publish Date:07/December/2019 | 11:30

Central Bank of Iran: Bank Deposits at $195b

EghtesadOnline: Total deposits with banks and credit institutions reached 22,165 trillion rials ($195 billion) during the fourth month (June 22- July 22) of the current fiscal year indicating 26.9% annual growth.
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Publish Date:10/November/2019 | 24:27

Banks Lend $34 Billion in 6 Months

EghtesadOnline: Banks and credit institutions in Iran lent 3,821 trillion rials ($34.1 billion) during the first six months (March 21-Sept. 22) of the current fiscal year.
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Publish Date:03/November/2019 | 10:45

Bank Deposits in Iran Grow 26% YOY

EghtesadOnline: During the calendar month to June 22, total deposits with banks and credit institutions reached 21,765 trillion rials ($190.09 billion), up 26.6% year-on-year.
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Publish Date:02/October/2019 | 11:41

Central Bank of Iran Ties Lending to Rating Report

EghtesadOnline: In a directive to banks and credit institutions, the Central Bank of Iran has obliged borrowers to submit credit rating reports from relevant rating companies.
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Publish Date:25/September/2019 | 11:50

Partnership Loans Attractive

EghtesadOnline: Data about loans given by banks and credit institutions based on different Islamic banking contracts show “partnership loans” had the biggest share by the end of the third quarter of the present fiscal year on June 21.
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Publish Date:14/September/2019 | 24:01