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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 bank s 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 bank ing.
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Publish Date:14/January/2019 | 24:32