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CBI Puts Inflation at 9.8%

EghtesadOnline: The average goods and services Consumer Price Index for urban areas in the 12 months ending Oct. 22, which marks the end of the Iranian month of Mehr, increased by 9.8% compared with last year’s corresponding period, the latest report released by the Central Bank of Iran.
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Publish Date:28/October/2017 | 11:52

Central Bank of Iran Unveils Fintech Policy

EghtesadOnline: The Central Bank of Iran on Sunday published a document on policies related to the operation of fintechs, clarifying its stance about the role of the regulatory body and defining non-bank firms and banks relations among other issues.
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Publish Date:09/October/2017 | 11:59

Central Bank of Iran Unveils Fintech Policy

EghtesadOnline: The Central Bank of Iran on Sunday published a document on policies related to the operation of fintechs, clarifying its stance about the role of the regulatory body and defining non-bank firms and banks relations among other issues.
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Publish Date:09/October/2017 | 11:59

Iran: Dispute Over IFRS Compliance Resolved

EghtesadOnline: Minister of Economic Affairs and Finance Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif have jointly signed a directive regarding bank balance sheets that could finally end a two-year dispute between the CBI and Audit Organization of Iran over who gets to set financial reporting standards for lenders.
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Publish Date:26/September/2017 | 07:13

Iran: Dispute Over IFRS Compliance Resolved

EghtesadOnline: Minister of Economic Affairs and Finance Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif have jointly signed a directive regarding bank balance sheets that could finally end a two-year dispute between the CBI and Audit Organization of Iran over who gets to set financial reporting standards for lenders.
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Publish Date:26/September/2017 | 07:13

CBI ’s Six-Point Roadmap on Foreign Finance Projects

EghtesadOnline: In his latest directive to the chief executives of banks, Governor of the Central Bank of Iran Valiollah Seif has laid down guidelines on how to spend any absorbed foreign finance to optimally boost national growth.
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Publish Date:05/September/2017 | 11:22

CBI ’s Six-Point Roadmap on Foreign Finance Projects

EghtesadOnline: In his latest directive to the chief executives of banks, Governor of the Central Bank of Iran Valiollah Seif has laid down guidelines on how to spend any absorbed foreign finance to optimally boost national growth.
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Publish Date:05/September/2017 | 11:22

Central Bank of Iran Puts 2017-18 Growth at 5%

EghtesadOnline: The Central Bank of Iran has forecast an economic growth of at least 5% for the current Iranian year that ends on March 20, 2018.
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Publish Date:02/September/2017 | 13:37

Central Bank of Iran Puts 2017-18 Growth at 5%

EghtesadOnline: The Central Bank of Iran has forecast an economic growth of at least 5% for the current Iranian year that ends on March 20, 2018.
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Publish Date:02/September/2017 | 13:37

Businesses Demand Interest Rate Observance

EghtesadOnline: Since the inflation rate has continued to decline in the last four years, businesses expect the Central Bank of Iran to strictly monitor the implementation of the new CBI directive to lower interest rates, said the head of Iran Chamber of Commerce, Industries, Mines and Agriculture.
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Publish Date:30/August/2017 | 13:49

Businesses Demand Interest Rate Observance

EghtesadOnline: Since the inflation rate has continued to decline in the last four years, businesses expect the Central Bank of Iran to strictly monitor the implementation of the new CBI directive to lower interest rates, said the head of Iran Chamber of Commerce, Industries, Mines and Agriculture.
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Publish Date:30/August/2017 | 13:49

CBI Tapping Capital Markets to Moderate Interest Rates

EghtesadOnline: CBI Governor Valiollah Seif has named the newly-formed cordial relationship between the country's monetary and capital markets as a factor for moderating bank interest rates, announcing that consequently, "banks have been allowed to sell some of their bonds in the secondary market".
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Publish Date:21/August/2017 | 13:25

CBI Tapping Capital Markets to Moderate Interest Rates

EghtesadOnline: CBI Governor Valiollah Seif has named the newly-formed cordial relationship between the country's monetary and capital markets as a factor for moderating bank interest rates, announcing that consequently, "banks have been allowed to sell some of their bonds in the secondary market".
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Publish Date:21/August/2017 | 13:25

Rate Unification Tops New CBI Deputy’s To-Do List

EghtesadOnline: Following last week’s appointment of Seyyed Ahmad Araqchi as the head of Foreign Exchange Department at the Central Bank of Iran, the new deputy is expected to oversee the long overdue task of unifying the dual foreign exchange rates–a promise central to the mission of Valiollah Seif, the CBI governor.
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Publish Date:16/August/2017 | 09:19

Rate Unification Tops New CBI Deputy’s To-Do List

EghtesadOnline: Following last week’s appointment of Seyyed Ahmad Araqchi as the head of Foreign Exchange Department at the Central Bank of Iran, the new deputy is expected to oversee the long overdue task of unifying the dual foreign exchange rates–a promise central to the mission of Valiollah Seif, the CBI governor.
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Publish Date:16/August/2017 | 09:19

CBI , Iran Fintech Association Discuss Regulatory Framework

EghtesadOnline: The Central Bank of Iran has for the first time sought the help of Iran Fintech Association (FintechA) to make its final decision about the long overdue task of regulating fintech companies and startups.
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Publish Date:13/August/2017 | 24:34

CBI , Iran Fintech Association Discuss Regulatory Framework

EghtesadOnline: The Central Bank of Iran has for the first time sought the help of Iran Fintech Association (FintechA) to make its final decision about the long overdue task of regulating fintech companies and startups.
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Publish Date:13/August/2017 | 24:34

Specialized Banks' Arrears to CBI Down 13.7%

EghtesadOnline: The total volume of six state-run specialized banks’ debts to the Central Bank Iran by the end of the last Iranian year (March 20, 2017) reached 494.4 trillion rials ($13.2 billion), marking an annual decline of 13.7% year-on-year .
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Publish Date:11/July/2017 | 05:52

CBI Issues Directives, Modifies Regulations

EghtesadOnline: As part of an overarching policy of reforming the banking sector, the Central Bank of Iran has issued two executive directives concerning capital adequacy and international conformity standards for credit institutions and formation of credit cooperatives.
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Publish Date:09/July/2017 | 08:23

CBI Moving to Rate Unification Conditions

EghtesadOnline: The Money and Capital Markets Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture held a meeting on Saturday to weigh in on the requirements of the long-overdue plan to unify foreign exchange rates and the country's progress in achieving this goal.
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Publish Date:23/June/2017 | 16:28