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Troubled Banks Unleash Rout at TSE

EghtesadOnline: The stock market was quite eventful during the Iranian month of Bahman (January 20-February 18).
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Publish Date:19/February/2017 | 14:42

Iranian Banks Register 27% Growth in Term Deposits

EghtesadOnline: The total volume of term deposits in the Iranian banking system reached 9,605.5 trillion rials ($251.78 billion) by the end of the third quarter of the Iranian fiscal year (December 20), marking an annual growth of 27.1%.
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Publish Date:18/February/2017 | 15:55

CBI chief: No frozen assets of Iran in Oman

EghtesadOnline: Governor of Central Bank of Iran (CBI) Valiollah Seif explained his recent negotiations with Omani banking officials during his recent visit of President Hassan Rouhani to that country, saying the two countries will sign a memorandum of understanding (MoU) soon.
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Publish Date:18/February/2017 | 13:12

Iran, Japan ink banking MoU

EghtesadOnline: Central Bank of Iran signed a memorandum of understanding (MoU) with Japan’s Financial Services Agency (JFSA) in a bid to facilitate the interactions between the two countries’ accredited banks.
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Publish Date:15/February/2017 | 07:32

Iran, Azerbaijan to enhance banking ties

EghtesadOnline: Governor of Central Bank of Iran (CBI), Valiollah Seif, and Azeri economic and financial officials on Monday discussed ways of Iran-Azerbaijan banking relation expansion.
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Publish Date:15/February/2017 | 07:27

3,850 Bank Debtors on Travel Ban List

EghtesadOnline: Due to the importance of social rights and the necessity of banks to recover their non-performing loans, about 3,850 individuals have been put on the no-fly list and more than 4,400 have been removed from it since 2012, said the Central Bank of Iran’s director for legal affairs.
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Publish Date:12/February/2017 | 10:24

Capital Increase for Iran's Agriculture Bank

EghtesadOnline: Bank Keshavarz Iran (Agriculture Bank) will receive its share from the government’s plan to increase the capital of public-sector banks by the yearend, announced the minister of agriculture jihad.
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Publish Date:11/February/2017 | 10:13

Norway to solve Iran’s banking problems

EghtesadOnline: Norway’s financial minister in a meeting with Iranian ambassador to Oslo announced its country’s readiness for negotiation over an agreement about avoiding of double taxation and helping to solve the Tehran’s banking problems.
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Publish Date:08/February/2017 | 11:02

Credit Cards Gaining Popularity in Iran

EghtesadOnline: Iranians used 73 million bank cards by Dec. 20, of which 68 million or 93.29% were debit cards, the latest official data revealed.
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Publish Date:07/February/2017 | 24:16

CBI's New Oversight Plan Employs Cutting-Edge Practices

EghtesadOnline: The Central Bank of Iran's new oversight plan for the banking system has employed the latest in international banking experiences and practices, announced the head of the much-anticipated scheme.
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Publish Date:07/February/2017 | 24:15

CBI Puts Risky Banks on Notice

EghtesadOnline: The Central Bank of Iran will ramp up its supervision over risky lenders to prevent their precarious activities from impacting other banks, said an official with the Central Bank of Iran.
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Publish Date:06/February/2017 | 14:53

Banks in the Red

EghtesadOnline: Troubled banks are now in the spotlight. According to the deputy head of Monetary and Banking Research Institute, all Iranian banks are now suffering losses.
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Publish Date:06/February/2017 | 14:51

Gov’t Raises Bank Melli Capital by $2.4b

EghtesadOnline: In the latest plan to increase the capital of Iranian public-sector banks, Bank Melli Iran will receive almost half the total amount considered for the plan, the bank’s CEO revealed.
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Publish Date:29/January/2017 | 13:23

Tejarat Bank Sues EU for Losses Incurred During Sanctions

EghtesadOnline: Tejarat Bank has filed a lawsuit at the European Court of Justice (ECJ), seeking compensation for the losses it incurred during the sanctions that targeted Iran's nuclear program, the bank's CEO said on Saturday.
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Publish Date:29/January/2017 | 05:36

Bank Business Loans Cross $99b

EghtesadOnline: Iranian banking system doled out 3,825 billion rials ($99.77 billion) to various business sectors during the nine months to December 21, marking a 43.5% growth compared with the same period of last year.
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Publish Date:23/January/2017 | 14:05

Tehran, Baku Mull Integration of Bank Cards

EghtesadOnline: Azerbaijan and Iran have started discussions on the integration of the two countries' bank cards systems, local media reported, citing the Central Bank of Azerbaijan.
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Publish Date:23/January/2017 | 14:00