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Sina Bank Links Up With 2 European Peers

EghtesadOnline: Iranian private bank Sina has opened accounts in the Spanish Ares Bank and Italian Banca Popolare di Sondrio, the bank’s website announced.
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Publish Date:23/June/2017 | 18:07

Tehran seeks better banking ties with Seoul, New Delhi

EghtesadOnline: Iranian Finance Minister Ali Tayyebnia met his South Korean and Indian counterparts in Seoul on Friday, discussing ways to improve banking cooperation between Iran and the two trade partners.
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Publish Date:18/June/2017 | 24:54

Expansion of Tehran-Doha Ties Hinges on Banking Cooperation

EghtesadOnline: As Qatar's rift with a Saudi-led Arab coalition deepens and brings the gas-rich emirate closer to Iran, the head of Iran Export Confederation said any development of ties between Tehran and Doha would hinge upon banking cooperation.
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Publish Date:16/June/2017 | 08:53

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

Upbeat Prospects for Iran-Australia Ties

EghtesadOnline: Recent improvements in the Iranian banking system such as the adoption of Financial Action Task Force regulations, positive forecasts by the International Monetary Fund and the gradual implementation of Basel accord standards are promising a better economic future for Iran, said the Australian ambassador to Tehran during a meeting with the Central Bank of Iran’s Governor Valiollah Seif.
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Publish Date:06/June/2017 | 11:38

Parliamentary Commission Supports Merger of Banks

EghtesadOnline: As the possibility of mergers in the Iranian banking system strengthens, a senior lawmaker has lent his support to the proposed measure, saying the move could help banks upgrade to international standards.
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Publish Date:30/May/2017 | 07:59

Continued Backing for Production, Employment

EghtesadOnline: The Iranian banking system will continue to support production and employment in the current fiscal year as it did last year, says the chief executive of Bank Melli Iran.
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Publish Date:27/May/2017 | 07:30

Iran, Oman agree on facilitating banking ties

EghtesadOnline: Iranian and Omani banking officials agreed on promoting banking relations such as connecting banking networks of the two countries.
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Publish Date:24/May/2017 | 11:16

Bank Rating System Under Review

EghtesadOnline: The new rating system for Iranian banks based on which each bank will be ranked is currently under review in the Central Bank of Iran, the director of the Association of Private Banks and Credit Institutions said.
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Publish Date:22/May/2017 | 08:32

Banking Bill to Reach Parliament in Two Months

EghtesadOnline: The first major step to implement much-needed reforms in the Iranian banking sector is to be taken by the government in summer when it submits the Banking Reform Bill to the Parliament, the governor of the Central Bank of Iran said.
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Publish Date:20/May/2017 | 07:33

Tehran, New Dehli to Remove Banking Hurdles

EghtesadOnline: Foreign minister Mohammad Javad Zarif emphasized the removal of banking issues between Iran and India during his meeting with Indian Foreign Secretary Subrahmanyam Jaishankar on Tuesday.
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Publish Date:20/May/2017 | 07:31

Iranian Bank Wins Euromoney's Best Bank Transformation Award

EghtesadOnline: Euromoney's best bank transformation award for 2017 has gone to Iranian private lender Ayandeh after successfully accomplishing a merger of troubled banks to become one of Iran’s biggest private banks.
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Publish Date:20/May/2017 | 06:58

Sustained Inflation Rate Requires Banking Reforms

EghtesadOnline: The government’s remarkable achievement of bringing down the inflation rate to below 10% may be at stake, if banking reforms are not implemented urgently, an economist warned.
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Publish Date:15/May/2017 | 09:14

Foreign Banks Setting Up Iran Branches

EghtesadOnline: A number of foreign banks have submitted applications to set up branches in Iran, the Central Bank of Iran's deputy for foreign exchange affairs announced.
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Publish Date:14/May/2017 | 09:50

Iran doing business with 3 mega-banks of Japan

EghtesadOnline: Indications have emerged in the media that three of the biggest Japanese banks are already doing effective business with Iran – what could show a major portion of post-sanctions banking problems in dealing with the Islamic Republic has been removed.
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Publish Date:13/May/2017 | 13:45

Iran, Japan Expanding Banking Ties

EghtesadOnline: Economic relations between Iran and Japan will enter a new phase after a planned $10 billion credit line is opened, said a senior assistant to the dean of Asian Development Bank Institute in Japan.
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Publish Date:13/May/2017 | 09:27

Bank Sepah Deposits Hit Record

EghtesadOnline: Bank Sepah attracted deposits worth 650 trillion rials ($17.3 billion) in the last Iranian year (ended March 20, 2017), registering a growth of 29% compared with the previous year’s figure, the bank’s CEO said.
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Publish Date:13/May/2017 | 09:24

Official: Germany to broaden financial, banking cooperation with Iran

EghtesadOnline: German Deputy Foreign Minister Markus Ederer in a meeting with his Iranian counterpart Majid Takht-e-Ravanchi underlined the need for expansion of cooperation between the two countries, especially in banking and financial domains.
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Publish Date:10/May/2017 | 14:06

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