EghtesadOnline: More than 3.7 billion transactions were processed via automated teller machines in the first eight months of the current fiscal year that ends in March.

EghtesadOnline: The nationwide payment settlement network, known as Shaparak, processed more than 2.25 billion payments worth 2,790.8 trillion rials ($20.98 billion based on open market currency rates in Tehran) in the last calendar month to December 21.

EghtesadOnline: The plan to merge five military-affiliated banks and credit institutions has entered the next phase after majority ownership of the merging entities was transferred to state-run Bank Sepah, CEO of the bank said.