tag Interest Rate

High Mortgage Interest Rate s Render Home Buying Unjustified

EghtesadOnline: Mohammad Hashem Botshekan, former managing director of Bank Maskan, the state agent bank of the housing sector, calls for single-digit interest rates to help low-income borrowers take out loans for purchasing a house.
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Publish Date:16/October/2021 | 14:04

Central Bank of Iran Signals Interest Rate Hike

EghtesadOnline: The Central Bank of Iran has sent another signal that it is about to raise interest rates. It has allowed banks and credit institutions to renew one-year deposit contracts that had been struck during the 10-day grace period after which the bank lowered the interest rates.
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Publish Date:26/August/2018 | 05:37

The Interest Rate Quandary

EghtesadOnline: Higher interest rates seem inevitable but understanding the need, composition and rationale is of the utmost importance, Kamran Nadri, a monetary and banking commentator said.
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Publish Date:28/December/2022 | 21:32

Iran's CB Again Raises Lower Bound of IRC

EghtesadOnline: The Central Bank of Iran again raised the lower bound of interest rate corridor (IRC) in the interbank market to further narrow the interbank interest rate spread.
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Publish Date:15/August/2020 | 09:13

Central Bank of Iran Again Raises Interbank Deposit Rate

EghtesadOnline: In bid to further narrow the rate spread in the interest rate corridor (IRC) the Central Bank of Iran announced that it would raise rates on interbank deposits by 1 percentage points to 13% starting today (Saturday).
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Publish Date:04/July/2020 | 09:21

Hemmati Signals Interest Rate Cuts

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati has announced the bank's decision to alter the liquidity structure by curbing money supply and lowering bank rates.
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Publish Date:13/April/2019 | 14:47

Iran: Interest Rate Growth Gathers Pace

EghtesadOnline: Two major banks have been allowed by the Central Bank of Iran to offer certificate of deposit (CD) at interest rates higher than the current ceiling, reinforcing months-long speculations that the regulator will raise interest rates.
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Publish Date:19/August/2018 | 04:26