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CBI , KPMG Review IFRS Adoption

EghtesadOnline: The Central Bank of Iran hosted a meeting to analyze obstacles to the implementation of the International Financial Reporting Standards.
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Publish Date:09/March/2017 | 17:12

Iran Optimistic on Luxembourg Case Outcome

EghtesadOnline: Iran’s top economic officials have reacted to the news that Iranian assets have been frozen by a Luxembourg court, expressing confidence that the case would end in Iran’s favor.
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Publish Date:09/March/2017 | 17:04

Iran Working to Free Luxembourg Assets

EghtesadOnline: Following news that Iran's assets in Luxembourg have been frozen by a court, a senior Iranian official said on Tuesday lawyers with the Central Bank of Iran are currently consulting Luxembourg lawyers "for us to be able to have access to the funds".
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Publish Date:08/March/2017 | 06:27

Banking Bills Under Review

EghtesadOnline: The government has not stopped reviewing the two banking reform bills, said the vice governor of the Central Bank of Iran rejecting earlier claims about the bills being returned to the CBI .
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Publish Date:07/March/2017 | 13:20

CBI : Smaller Banknotes Coming

EghtesadOnline: The Central Bank of Iran plans to print banknotes in smaller sizes, the director of CBI ’s Office for Banknote Issuance said.
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Publish Date:06/March/2017 | 15:58

Central Bank: PPI Inflation at 4.5%

EghtesadOnline: The average Producer Price Index in the 12-month period ending February 18, which marks the end of the Iranian month of Bahman, reached 4.5% compared with last year’s corresponding period, according to the latest report of the Central Bank of Iran.
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Publish Date:27/February/2017 | 15:35

CBI Puts Inflation at 8.7%

EghtesadOnline: The average goods and services Consumer Price Index for urban areas in the 12 months ending February 18, which marks the end of the Iranian month of Bahman, reached 8.7% compared with last year’s corresponding period.
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Publish Date:25/February/2017 | 13:55

Iran, Malaysia to boost trade cooperation in local currency

EghtesadOnline: Deputy Governor of Central Bank of Iran ( CBI ) for foreign exchange affairs Gholamali Kamyab stressed the need for promoting trade using local currencies in a meeting with his Malaysian counterpart, saying that CBI ’s current policy is to facilitate transactions through domestic currencies.
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Publish Date:25/February/2017 | 10:23

CBI 's Criteria for Foreign Banks in Free Trade Zones

EghtesadOnline: Since three years ago, the Central Bank of Iran has endeavored to simplify the process of establishing foreign banks in free trade zones in line with economic policies, the secretary-general of CBI said.
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Publish Date:21/February/2017 | 14:28

CBI Forex Asset Revaluation to Help Augment Bank Lending

EghtesadOnline: A member of Tehran Chamber of Commerce, Industries, Mines and Agriculture has welcomed the government’s measure to revaluate the Central Bank of Iran’s foreign exchange assets to increase the lending power of banks, saying the move had been a “last resort” to make up for lenders’ capital shortage.
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Publish Date:20/February/2017 | 15:52

CBI chief: No frozen assets of Iran in Oman

EghtesadOnline: Governor of Central Bank of Iran ( CBI ) Valiollah Seif explained his recent negotiations with Omani banking officials during his recent visit of President Hassan Rouhani to that country, saying the two countries will sign a memorandum of understanding (MoU) soon.
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Publish Date:18/February/2017 | 13:12

No Interest Rate Cuts Likely Until May

EghtesadOnline: Interest rate cuts will be postponed until after the presidential elections in May, claims a bank chief executive.
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Publish Date:17/February/2017 | 08:03

Iran, Azerbaijan to enhance banking ties

EghtesadOnline: Governor of Central Bank of Iran ( CBI ), Valiollah Seif, and Azeri economic and financial officials on Monday discussed ways of Iran-Azerbaijan banking relation expansion.
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Publish Date:15/February/2017 | 07:27

CBI Changes Base Year for Calculating GDP

EghtesadOnline: The Central Bank of Iran will change the base year for calculating Iran’s economic growth in the third quarter, said Peyman Qorbani, CBI ’s deputy for economic affairs on Saturday.
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Publish Date:13/February/2017 | 13:25

CBI 's New Oversight Plan Employs Cutting-Edge Practices

EghtesadOnline: The Central Bank of Iran's new oversight plan for the banking system has employed the latest in international banking experiences and practices, announced the head of the much-anticipated scheme.
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Publish Date:07/February/2017 | 24:15

CBI Puts Risky Banks on Notice

EghtesadOnline: The Central Bank of Iran will ramp up its supervision over risky lenders to prevent their precarious activities from impacting other banks, said an official with the Central Bank of Iran.
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Publish Date:06/February/2017 | 14:53

Rules Easing Bank Debtors’ Travel Welcome

EghtesadOnline: A member of Tehran Chamber of Commerce, Industries, Mines and Agriculture has welcomed the rules easing travel for bank debtors, noting that executive bodies should understand the fact that the economy experienced a challenging period that damaged small business owners.
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Publish Date:01/February/2017 | 15:12