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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

South Korean envoy: Banking ties with Iran not regulated yet

EghtesadOnline: South Korean Ambassador to Iran Kim Seung Ho said on Monday that banking ties with Iran have not been regulated yet, jeopardizing implementation of the Joint Comprehensive Plan of Action.
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Publish Date:12/July/2016 | 09:20

Iranian Banking Sector Awaits Full JCPOA Benefits

EghtesadOnline: Iran’s Deputy Foreign Minister Abbas Araqchi addressed various aspects of benefits resulting from the country’s nuclear deal with world powers.
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Publish Date:18/March/2018 | 10:03

Experts Underscore Central Bank Independence

EghtesadOnline: Iran's economy is bedeviled by a series of major issues arising from decades of mismanagement that has made the banking system bear the brunt as the country's predominant financer, although efforts in the last few years have been made to balance things out.
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Publish Date:27/February/2018 | 07:28

Iran Banking Issues With China, UAE Resolved

EghtesadOnline: A senior Iranian official announced that there are no significant banking issues with China and the UAE, as hurdles with Turkish Halkbank are being removed.
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Publish Date:21/November/2017 | 06:46

Solutions for Banking Reforms

EghtesadOnline: The Institute for Trade Studies and Research, affiliated with the Ministry of Industries, Mining and Trade, has published a report that proposes short-, mid- and long-term solutions to reform the Iranian banking system.
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Publish Date:20/September/2017 | 09:37

Fintechs Among Top Iranian Firms

EghtesadOnline: No more than just a few years have passed since Iranian fintech companies have entered the country's banking sector, but a closer look at registered startup companies reveals that online fintech firms are already the most exuberant players in the country's financial sector.
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Publish Date:19/September/2017 | 09:30

Croatia’s Central Bank Keen on Iran Linkage

EghtesadOnline: In another step toward Iran’s gradual revival of banking ties with the international community, the governor of the central bank of Croatia has announced that the European nation’s biggest lender is eager to connect with its Iranian counterparts.
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Publish Date:02/September/2017 | 13:34

President: Gov't to prioritize sound banking system

EghtesadOnline: President Hassan Rouhani highlighted the role of banks in the country's economy, saying that the unhealthy competition among them should be rectified.
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Publish Date:30/August/2017 | 07:10

British Trade Envoy’s Take on Iran Banking Hurdles

EghtesadOnline: The UK is pursuing the reestablishment of ties between major British lenders and their Iranian counterparts, but according to Lord Lamont, the country’s trade envoy to Iran, complications persist.
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Publish Date:30/July/2017 | 07:50

Gov’t Debts to Banking System Exceed $58b

EghtesadOnline: In the month ending April 20, the government's debts to the banking system, including the Central Bank of Iran, commercial, specialized and private banks, exceeded 2.2 quadrillion rials ($58.3 billion), marking an increase of 21.3% year-on-year.
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Publish Date:30/July/2017 | 07:47