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Cabinet Reviews CBI Report on Shadow Banks

EghtesadOnline: In its latest meeting on Wednesday, the Cabinet led by President Hassan Rouhani reviewed a report provided by the Central Bank of Iran on the situation of illegal credit institutions.
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Publish Date:15/July/2017 | 11:40

CBI Loans for Agro Purchase

EghtesadOnline: President Hassan Rouhani’s Cabinet has authorized the Central Bank of Iran to allocate 9 trillion rials ($240 million) worth of loans to the Central Organization for Rural Cooperatives of Iran through agent banks for “the mutually consented and guaranteed purchase of agricultural products”.
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Publish Date:01/July/2017 | 09:37

Iran: Double-Digit Inflation Returns

EghtesadOnline: Iran’s inflation rate just went above 10%, ending months of single-digit average CPI growth, which many considered one of the biggest achievements of President Hassan Rouhani’s economic team.
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Publish Date:30/June/2017 | 13:00

Liquidity of Iran Shadow Banks Dips Under 10%

EghtesadOnline: The share of uncertified financial institutions in the Iranian market significantly shrunk in the first four years of President Hassan Rouhani’s term, as government policies to organize the informal financial market have borne fruit, the governor of the Central Bank of Iran said.
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Publish Date:30/June/2017 | 24:56

CBI Credit Line to Protect Shadow Banks’ Depositors

EghtesadOnline: The Central Bank of Iran is bound to protect people’s investments and in line with that, the bank has so far paid 22 trillion rials ($586.6 million) from its resources to Samen al-Hojaj Credit Institution depositors and has guaranteed to pay another 22 trillion rials ($586.6 million) in the future for the merged institution, the CBI governor said.
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Publish Date:17/June/2017 | 07:12

Call for Strict Monitoring of Shadow Banks

EghtesadOnline: First Vice President Es'haq Jahangiri has called on the Central Bank of Iran to strictly deal with illegal financial institutions as part of the government's efforts to crack down on corruption.
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Publish Date:14/June/2017 | 11:41

Iran says banking problems gradually resolving

EghtesadOnline: The remaining banking problems that have not been resolved after the implementation of the Joint Comprehensive Plan of Action reached between Iran and G5+1 (US, UK, Russia, China, France plus Germany) are gradually resolving, senior banking official said.
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Publish Date:12/June/2017 | 24:18

Funding Priorities of Iran Banks Notified

EghtesadOnline: The Central Bank of Iran has notified the lending priorities of the banking system for the current fiscal year (started March 21), outlining the roadmap for lenders as they seek to support business and industries still reeling from a biting recession that hit nearly all economic sectors.
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Publish Date:11/June/2017 | 06:27

5 Foreign Banks Licensed by Iran

EghtesadOnline: The Central Bank of Iran has released the names of 40 registered banks and credit institutions active in the country, which include the names of five foreign banks mostly based in Tehran and Kish Free Trade Zone.
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Publish Date:07/June/2017 | 09:46

Central Bank of Iran Go Head for Auto Leasing Firms

EghtesadOnline: Of the 27 leasing companies registered on the Central Bank of Iran's website, five have been cleared for operations in the field, according to a new report by the CBI .
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Publish Date:06/June/2017 | 11:49

CBI , Parliament Working to Resolve Caspian Dilemma

EghtesadOnline: The Central Bank of Iran and the Iranian Parliament are working closely to resolve the issues surrounding the Caspian credit institution and the overall saga of shadow banks engulfing the informal money market.
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Publish Date:03/June/2017 | 08:12

Remaining Frozen Assets Insignificant

EghtesadOnline: Only an insignificant volume of Iranian assets frozen overseas remain inaccessible, the Central Bank of Iran’s deputy for foreign exchange affairs said.
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Publish Date:29/May/2017 | 07:07

CBI Puts Iran Inflation at 9.8% (May 2017)

EghtesadOnline: The average goods and services Consumer Price Index for urban areas in the 12 months ending May 21, which marks the end of the Iranian month of Ordibehesht, reached 9.8% compared with last year’s corresponding period, according to the latest report released by the Central Bank of Iran.
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Publish Date:27/May/2017 | 08:03

CBI : Double-Digit GDP Growth Expected

EghtesadOnline: The Central Bank of Iran said it is expecting a double-digit economic growth for the last fiscal year that ended on March 20, 2017.
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Publish Date:22/May/2017 | 08:43

CBI Changes CPI Base Year

EghtesadOnline: The base year for releasing Central Bank of Iran's official statistics will be shifted to the last Iranian year that ended on March 20, 2017, announced CBI 's director general for economic statistics.
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Publish Date:22/May/2017 | 08:37

CBI Notifies Sixth Plan’s Banking Measures

EghtesadOnline: The Central Bank of Iran has communicated bank-related regulatory articles of the sixth five-year development plan (2017-22) to the banking system.
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Publish Date:21/May/2017 | 08:50

CBI Underscores Support for Production

EghtesadOnline: The governor of the Central Bank of Iran emphasized the importance of supporting production, referring to the entity he leads and the banking system as the main bodies backing the sector.
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Publish Date:17/May/2017 | 09:27

CBI governor defends Iran’s “banking diplomacy” in post-JCPOA

EghtesadOnline: Governor of Central Bank of Iran ( CBI ) Valiollah Seif said on Saturday that Iran’s banking diplomacy after the implementation of Iran nuclear deal, also known as Joint Comprehensive Plan of Action (JCPOA), has been able to resolve all the country’s banking problems.
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Publish Date:10/May/2017 | 14:05

Interest Rate Violations Under Scrutiny

EghtesadOnline: The Central Bank of Iran will firmly confront unruly lenders, the head of CBI ’s Department for Supervision said.
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Publish Date:10/May/2017 | 07:56

CBI Regulating Informal Money Market

EghtesadOnline: As the Iranian presidential election on May 19 draws closer and the bank-based economy has taken center-stage among candidates and the public alike, the Central Bank of Iran in a statement responded to a number of claims made by candidates that questioned the bank’s performance regarding illegal financial and credit institutions.
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Publish Date:06/May/2017 | 08:50