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Ultimatum for Lenders: End Non-Banking Ventures

EghtesadOnline: The Central Bank of Iran has never approved banks engaging in speculative and non-banking activities, said the CBI ’s deputy for supervisory affairs on Thursday.
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Publish Date:20/August/2016 | 11:27

Iran to open accounts in Exim Bank of China

EghtesadOnline: Central Bank of Iran ( CBI ) will open two euro and yuan accounts in Exim Bank of China in order to facilitate settlement of banking transactions.
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Publish Date:18/August/2016 | 15:54

Gov't Moving Accounts to CBI

EghtesadOnline: In a groundbreaking decision, the government has announced measures to transfer its accounts from agent banks to the Central Bank of Iran in line with its policies to promote transparency and avoid dodgy practices related to expenditure.
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Publish Date:13/August/2016 | 09:26

CBI Gains Enhanced Regulatory, Disciplinary Role in Sixth Plan

EghtesadOnline: As part of the sixth five-year development plan (2016-21), the supervisory and disciplinary authority of the Central Bank of Iran over the money market, particularly financial and credit institutions, will be enhanced.
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Publish Date:07/August/2016 | 10:53

Banks Allowed Trade in Open Forex Market

EghtesadOnline: The Central Bank of Iran said Thursday commercial banks will soon be allowed to trade in the parallel foreign exchange market, as part of the initiative to scrap the dual exchange rates and move toward a floating currency regime.
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Publish Date:31/July/2016 | 11:09

Tehran Home Sales Up 27%

EghtesadOnline: The total number of home sales in Tehran reached 15,000 during the month ending July 20, marking an annual growth of 27.6%. Residential units were sold at an average price of 42.3 million rials ($1,200) per square meter, an increase of 4.4% compared with the same period last year.
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Publish Date:31/July/2016 | 11:04

UK firms expect growth to stagnate over next three months: CBI

EghtesadOnline: British businesses expect economic growth to grind almost to a halt over the next three months due to weaker investment and consumer confidence after June's vote to leave the European Union, the Confederation of British Industry said on Sunday.
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Publish Date:31/July/2016 | 08:33

Joint Initiative Expected to Reenergize Housing Market

EghtesadOnline: The head of Tehran Builders’ Association says new schemes by the Central Bank of Iran and the Ministry of Roads and Urban Development will channel more money into production sectors that in turn will increase liquidity in the beleaguered housing sector.
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Publish Date:24/July/2016 | 11:57

Bills on Iranian banking reforms to be submitted to Majlis

EghtesadOnline: Governor of the Central Bank of Iran ( CBI ) Valiollah Seif said on Sunday that two bills for reforms of Iranian banking system and of Central Bank of Iran will be submitted to Majlis this month.
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Publish Date:24/July/2016 | 09:15

CBI Persuing Single-Digit Interest Rates

EghtesadOnline: The Central Bank of Iran remains focused on and committed to lower interest rates and wants to reduce it further to single digits in line with the rate of inflation, said the bank’s governor Valiollah Seif on Thursday.
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Publish Date:23/July/2016 | 20:41

Central Bank Asset Growth Behind Liquidity Surge

EghtesadOnline: The governor of the Central Bank of Iran says an increase in the central bank’s assets is the main reason behind the surge in liquidity during the last fiscal year (ended March 19).
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Publish Date:19/July/2016 | 24:05