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Banks Start Publicly Naming Big Defaulters

EghtesadOnline: Following mounting calls for publicly naming big defaulters, several banks published lists of some debtors on Sunday and the Central Bank of Iran said more is on the way.
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Publish Date:11/April/2022 | 15:20

CBI: No-Nonsense Approach to Banks

EghtesadOnline: The Governor of Central Bank of Iran Ali Salehabadi said the bank will undertake comprehensive reforms in the new Iranian year that started on March 21.
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Publish Date:03/April/2022 | 16:01

Foreign Assets of Banks Rise 46%

EghtesadOnline: Foreign assets of Iranian banks reached $80 billion by the end of the tenth calendar month to Jan. 20.
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Publish Date:14/March/2022 | 14:24

Banks Told to Return Seized Indebted Firms

EghtesadOnline: The Central Bank of Iran issued instructions on Saturday to banks to return seized properties to the original owners.
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Publish Date:30/January/2022 | 15:41

Overseas Assets of Banks Up 38%

EghtesadOnline: Foreign assets of Iranian banks reached 20,733.3 trillion rials ($74 billion) by end of last November.
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Publish Date:26/January/2022 | 16:28

Most Banks Have Shut the Door to Homeownership

EghtesadOnline: As per rules banks must earmark 20% of their loans to the housing sector; however "they show little if any interest in doing so despite the 18% return," a board member of the Iranian Builders' Association said.
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Publish Date:17/January/2022 | 14:52

Credibility Must Apprise Banks ’ Lending Practices

EghtesadOnline: Banks must concentrate on the credit rating of customers when studying loan requests, the Central Bank of Iran’s head of information department said.
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Publish Date:15/January/2022 | 14:07

Banks ’ NPL Ratio Improving

EghtesadOnline: New data from the Central Bank of Iran show banks and credit institutions performed better in recovering non-performing loans in first half of current fiscal year ending Sep.22.
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Publish Date:15/January/2022 | 14:01

Economy Minister Warns Banks on Interest Rates

EghtesadOnline: In a meeting with CEOs of state-owned banks on Tuesday the Economy Minister Ehsan Khandouzi instructed them not to arbitrarily raise lending rates.
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Publish Date:29/December/2021 | 15:25

Banks Told Not to Raise Interest Rates

EghtesadOnline: The Central Bank of Iran has again called on banks to observe regulations governing interest on deposits.
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Publish Date:26/December/2021 | 15:14

Next Budget Sees 25% Rise in State Banks ’ Net Income

EghtesadOnline: Net earnings of eight Iranian state-owned banks and the Central Bank of Iran has been forecast at 2,314.28 trillion rials ($7.8 billion) in the March 2022-23 draft budget.
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Publish Date:14/December/2021 | 16:48

Forceful Measures to Tame Unruly Banks

EghtesadOnline: The Central Bank of Iran has announced tougher restrictions on underperforming banks as part of measures to “control money issuance” by banks.
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Publish Date:21/November/2021 | 15:37

Iranian Banks Pay Tech Loans Worth Over $700m in 6 Months

EghtesadOnline: Local banks have collectively paid 198.9 billion rials ($718 million) in loans to 857 knowledge-based companies and startups in the first half of the current Iranian year (March 21-Sept. 22).
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Publish Date:25/October/2021 | 14:54

Money Creation by Banks Under Strict CBI Control

EghtesadOnline: Money issuance by banks is under the stringent oversight of the Central Bank of Iran, the CBI’s head of monetary and credit operations said.
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Publish Date:02/October/2021 | 13:52

Loans Rise 50% to $33b

EghtesadOnline: Banks and credit institutions gave 9,007.8 trillion rials ($33 billion) in loans in the first five months of the current fiscal year (March 21-August 22).
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Publish Date:11/September/2021 | 13:37

CBI Message to Banks : Clean Up Your Books

EghtesadOnline: The Central Bank of Iran is expanding the scale of its monitoring of banks’ lending policies with the help of innovative IT tools.
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Publish Date:07/September/2021 | 13:47

18 Banks Are Saddled With Very Low Capital

EghtesadOnline: Financial reports of banks show the majority are struggling with capital adequacy ratios (CARs) below global financial norms.
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Publish Date:29/August/2021 | 19:05

Banks Eye Credit Card Comeback

EghtesadOnline: Banks have received 100,000 requests for credit cards for which Justice Shares can be used as collateral, an official with the Central Security Depository of Iran (CDSI) said.
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Publish Date:09/August/2021 | 24:44