tag Assets

Iran to Access $7b in Blocked Assets

EghtesadOnline: Iran will soon be able to access billions blocked in overseas banks, namely in South Korea, local media said, citing unnamed officials.
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Publish Date:09/April/2022 | 17:39

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

Tokenization of Assets Can Inspire Foreign Investors

EghtesadOnline: Linking the capital market to the crypto market can and will encourage foreign investors to put their money in Iran’s capital market using tokens backed by assets, an official with the Stock Market Research Center said.
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Publish Date:26/January/2022 | 16:27

Gov’t Wants to Sell 2,500 Surplus Assets

EghtesadOnline: The Economy Ministry has prepared an inventory of 2,500 properties owned by different government organizations that have no legal constraints vis-à-vis divestments.
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Publish Date:22/November/2021 | 13:48

Banks’ Assets Rise 43%

EghtesadOnline: Banks held 75,206.8 trillion rials ($278 billion) in assets by the end of the month to August 22, indicating 43.8% increase compared to the same period last year.
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Publish Date:11/October/2021 | 24:41

Assets Held by Investment Funds Reach $21.4 Billion

EghtesadOnline: Funding in investment funds reached 100 trillion rials ($416 million) in the calendar month ending July 11, said an official with Securities and Exchange Organization.
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Publish Date:17/July/2021 | 15:04

Iran Government to Divest Assets Worth $4.5b

EghtesadOnline: The government intends to sell property and shares in state companies worth 1,000 trillion rials ($4.5 billion) in fiscal March 2021-22, the economy minister said.
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Publish Date:26/May/2021 | 24:09

Assets on Divestiture List of Banks Valued at $3.6 Billion

EghtesadOnline: New estimations indicate banks and credit institutions affiliated to the government own non-banking assets worth 900 trillion rials ($3.6 billion), the deputy economy minister for banking, insurance and state-owned companies said.
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Publish Date:14/February/2021 | 13:41

Iran Gov't Takes Different Approach to Divestitures

EghtesadOnline: The Iranian Privatization Organization has outlined plans to facilitate divestiture of government assets in the coming Persian calendar year that begins in March.
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Publish Date:03/February/2020 | 24:50

Banks Face Limits in Boosting Capital

EghtesadOnline: Banks and credit institutions in Iran are facing a myriad of challenges including cumbersome regulations and technical issues to boost capital through revaluation of their assets, a senior banking official said.
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Publish Date:09/November/2019 | 13:18

Banks Told to Shed Assets , Fix Balance Sheets

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati has again called on lenders to tap into the stock market to improve their books and balance sheets.
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Publish Date:22/June/2020 | 11:17

MRC Has Reservations About Privatization Scheme

EghtesadOnline: The Majlis Research Center says a new government plan to divest its assets in assorted companies via exchange-traded funds is not “privatization in the true sense”.
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Publish Date:12/February/2020 | 10:26

Italian Court Dismisses $6b US Lawsuit Against CBI

EghtesadOnline: Iran’s central bank said an Italian court has rejected a lawsuit filed by American plaintiffs over seizure of the bank’s assets in the country worth $5.99 billion.
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Publish Date:18/January/2020 | 13:18

Tehran Stock Market Posts Higher Returns

EghtesadOnline: A report reviewing the performance of different markets during the first seven months of current fiscal year (March-21-October.22) shows investors reaped higher returns from investment in equities compared to investment in other assets.
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Publish Date:14/December/2019 | 24:45

Banks to Dispose Spare Assets Worth $5.6 Billion

EghtesadOnline: Banks are set to dispose of assets to the tune of 600 trillion rials ($5.6 billion) by the end of the fiscal year (March 2020), a deputy minister of economy told a press conference on Monday.
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Publish Date:01/October/2019 | 24:02

Iran's Central Bank Assets Rise 27.8%

EghtesadOnline: Total assets of the Central Bank of Iran reached 7.1 quadrillion rials ($ 70.1 billion) in the first seven months of current fiscal year, registering 27.8% growth year-on- year and 16.1% growth compared to the end of the previous fiscal in March 2018.
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Publish Date:22/December/2018 | 15:36