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$125m in Bank Loans for Mazandaran Agriculture Sector

EghtesadOnline: Mazandaran Province’s agriculture sector received a total of 30 trillion rials ($125 million) in bank loans during the first 10 months of the current Iranian year (March 20, 2020-Jan. 19), according to an executive with the Agriculture Bank of Iran, also known as Agribank.
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Publish Date: 08/February/2021 | 14:08

Bad Checks Pile Up

EghtesadOnline: The number of bad checks shot up in the month to Dec.20 reaching 893,000 or 31.1% higher compared with a month earlier.
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Publish Date: 06/February/2021 | 13:38

Bank Loans Almost Double

EghtesadOnline: Banks and credit institutions gave 12,199.4 trillion rials ($53 billion) in loans to economic sectors in the nine months since the beginning of the current fiscal year (March 20-Dec.20, 2020).
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Publish Date: 29/January/2021 | 11:30

Bank Loans Post 30% Growth

EghtesadOnline: Banks and credit institutions paid 6,262.7 trillion rials ($47 billion) in loans during the first nine months (March 20-Dec 21, 2019) of current fiscal year.
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Publish Date: 27/January/2020 | 24:24

Increase in Active Debit Cards in Iran

EghtesadOnline: The number of active bank debit cards, used for at least one transaction, increased by 1.3 million from Sep.23 to Nov.21.
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Publish Date: 23/December/2019 | 11:06

Tehran Stocks Nudge 0.8% Higher

EghtesadOnline: Tehran stocks closed trading in positive territory on Tuesday amid rising demands for equities mainly in bank, chemical, auto and base metal group.
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Publish Date: 13/November/2019 | 10:09

Iranian Bank to Open 5 Branches in Iraq

EghtesadOnline: Parsian Bank, one of the leading private banks in Iran, is planning to open five more branches in Iraq, the CEO told members of the Iran-Iraq Joint Chamber of Commerce.
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Publish Date: 30/September/2019 | 11:45

Parsian Bank Doubles Capital

EghtesadOnline: In a letter to the CEO of Parsian Bank, the Central Bank of Iran approved an increase in the bank’s capital.
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Publish Date: 21/July/2016 | 22:18

Bank Deposits Grow 35%

EghtesadOnline: Bank customers had 29,326.1 trillion rials ($127.5 billion) in deposits by the end of the calendar month to June 20, according to monthly data released by the Central Bank of Iran.
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Publish Date: 07/September/2020 | 24:59

CBI: Money Supply in Check

EghtesadOnline: The CBI governor says the bank has kept the growth of money supply in check which is a harbinger of decline in inflation rate.
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Publish Date: 25/August/2020 | 10:58

Impact of Fiat Money

EghtesadOnline: Expansion of monetary growth has again been blamed on the Central Bank of Iran’s obligation to purchase forex from the National Development Fund of Iran and settle the payment in rials, an “ill-advised method” the CBI governor says is tantamount to over borrowing from the bank at a time when NDFI currency resources at best are inaccessible.
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Publish Date: 01/August/2020 | 24:00

Credit Suisse CEO Resigns Over Spying of Two Ex-Colleagues

EghtesadOnline: Credit Suisse CEO Tidjane Thiam says he is resigning after nearly five years on the job, acknowledging that a spying scandal caused “anxiety and hurt” and tarnished the reputation of the top-drawer Swiss bank.
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Publish Date: 08/February/2020 | 11:15

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

Tehran Stocks Open Slightly Higher

EghtesadOnline: Tehran stocks briefly touched the psychological level of 330,000 in early trading on Saturday, led by bank, pharmaceutical and auto shares, before reversing the course at the end of trading session.
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Publish Date: 06/October/2019 | 13:56

FINEX 2019 Opens

EghtesadOnline: The 12th Bank, Exchange & Insurance Exhibition (FINEX 2019) opened on Monday at Tehran’s International Fairground.
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Publish Date: 23/April/2019 | 13:05

TEDPIX Plunges Over 3,600 Points

EghtesadOnline: Tehran Stock Exchange's main gauge fell sharply on Monday as a selloff in auto and bank shares spread across the board. The decline caused a broad rout in refinery and petrochemical stocks.
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Publish Date: 22/January/2019 | 15:21

Iranian Bank Makes Foray Into Fintech Sector

EghtesadOnline: To claim a share of Iran’s growing fintech market, Bank Mellat has launched an innovation center to help promote the application of smart technologies in banking.
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Publish Date: 14/January/2019 | 24:32