EghtesadOnline: A new wave of mergers and acquisitions in Iran’s banking industry is aimed at creating bigger, stronger and more efficient banks, a top official at the Central Bank off Iran said.

EghtesadOnline: Two days after the Central Bank of Iran published a directive that makes end-to-end encryption mandatory for card not present transactions, banking industry players have apparently welcomed it as a positive move.

EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif has again backed the possibility of mergers in the Iranian banking industry that badly needs reforms to address its many challenges.