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New Forex Deputy at CBI

EghtesadOnline: In an official decree, Governor of the Central Bank of Iran Valiollah Seif has appointed Seyyed Ahmad Araqchi as the new CBI deputy for foreign exchange affairs.
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Publish Date:15/August/2017 | 16:11

Commercial Banks’ Arrears to CBI Halved

EghtesadOnline: In the first quarter of the current Iranian year (started March 21), the total amount of three state-owned commercial banks' arrears to the Central Bank of Iran stood at 85.3 trillion rials ($2.2 billion), which indicate a drop of 55.5% compared with the corresponding period of last year.
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Publish Date:14/August/2017 | 24:17

CBI Monetary Discipline Defended

EghtesadOnline: In response to criticisms directed at the Central Bank of Iran over a surge in liquidity, the bank has stressed that it has maintained order in the money market and staunched the irregular expansion of monetary base.
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Publish Date:13/August/2017 | 13:22

CBI : Shadow Banks on the Way Out

EghtesadOnline: Illegal credit institutions that mushroomed during the tenure of the former administration and whose malevolent effects continue to dog the country’s financial system are on their way out, the governor of the Central Bank of Iran announced.
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Publish Date:06/August/2017 | 14:54

CBI Updates Banks’ Foreign Exchange Rules

EghtesadOnline: In its latest directive, the Central Bank of Iran has raised the limit on the maximum amount to which the ratio of debts and assets held in foreign currencies by all banks and certified non-bank credit institutions can rise.
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Publish Date:06/August/2017 | 13:34

CBI Notifies Key Job Creation Directive

EghtesadOnline: The Central Bank of Iran has notified an executive directive to seven banks for allocating a major portion of their annual budgets for creating sustainable jobs through loans and incentives.
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Publish Date:31/July/2017 | 24:08

Surge in Private Banks’ Arrears to CBI Halted

EghtesadOnline: The total arrears of 27 Iranian private banks and non-bank credit institutions to the Central Bank of Iran up to April 20 stood at 347.8 trillion rials ($9.2 billion), marking a drop of 9% compared to its previous month.
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Publish Date:29/July/2017 | 08:50

CBI Favors IT Level Playing Field

EghtesadOnline: The Central Bank of Iran is ready to provide a competitive environment when it comes to banks’ information technology, CBI ’s governor announced at the inauguration ceremony for CBI ’s newly-appointed deputy for IT Department on Tuesday.
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Publish Date:23/July/2017 | 09:24

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