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Iran, Azerbaijan discuss settlement of banking issues

EghtesadOnline: Minster of Communications and Information Technology Mahmoud Vaezi said on Thursday that during his two-day visit to Azerbaijan he had discussed settlement of banking issues with top-ranking Azeri officials.
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Publish Date:04/December/2016 | 10:12

Iran's SAIPA, Mellat Bank Sign Deal

EghtesadOnline: Iran's second largest car producer, SAIPA Corp. and semi-private Mellat Bank signed agreements to increase credit lines, providing needed resources in the area of foreign exchange, opening letters of credit and providing bank guarantees for export, according to Akhbar Khodro, a local automotive website.
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Publish Date:28/November/2016 | 20:51

Tejarat Bank Expands Int’l Ties

EghtesadOnline: Tejarat Bank has established relations with 60 foreign banks since the lifting of sanctions in January, said Ali Mehrpour the bank’s director for international affairs.
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Publish Date:28/November/2016 | 20:25

95% of Money Supply From Private Sector Deposits

EghtesadOnline: The governor of the Central Bank of Iran has analyzed recent concerns over the growth of money supply saying that private sector savings–as opposed to state deposits–comprise 95% of the liquidity.
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Publish Date:28/November/2016 | 20:19

Leap in Working Capital Loans

EghtesadOnline: The total amount of loans allocated to the services sector by Iranian banks in the first seven months of the fiscal year to October 22 has been more than five times the amount of loans handed out to the agriculture sector, a report by the Central Bank of Iran indicates.
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Publish Date:28/November/2016 | 20:14

Banking relation with Iran is moving, says British law expert

EghtesadOnline: Sue Millar of Stephenson Harwood Law firm says British banks are generally very interested to re-establish connections with Iran and claim that there is a real movement happening in this area.
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Publish Date:17/November/2016 | 20:08

Iran's Bank Mellat Promotes Armenia Subsidiary, Eying Georgia Branch

EghtesadOnline: Yerevan-based Mellat Bank CJSC, fully owned by Iran’s Bank Mellat, has increased its authorized capital in compliance with the new requirement of the central Bank of Armenia, Mohammad Bigdeli, chairman of Mellat Bank CJSC’s board, told a press conference.
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Publish Date:30/October/2016 | 09:06

Domestic, foreign firms to take part in Kish Invex 2016

EghtesadOnline: The Director of the 3rd International Exhibition of Banking, Insurance and Investment opportunity said that some 180 domestic and foreign firms are to participate in the event.
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Publish Date:29/October/2016 | 16:22

Iran, Italy to finalize banking deals

EghtesadOnline: Iran’s minister of economy and Italian counterpart Pier Carlo Padoan will meet soon in Iran to finalize banking and financial accords.
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Publish Date:09/October/2016 | 21:19