Iran interest rates - page 2

Bankers to Decide on Interest Rates Soon

EghtesadOnline: The chief executives of state-owned and private banks will reportedly convene on June 7 to decide about bank interest rates for the period leading to the end of the current Iranian year (March 20, 2018).

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Publish Date:30/May/2017 | 08:00

Iranian Banks to Decide Rates Next Month

EghtesadOnline: When major players of the Iranian banking system next convene in the foreseeable future, addressing the oft-visited dilemma of interest rates will be on top of their agenda, the head of the Association of Private Banks and Credit Institutions announced.

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Publish Date:09/May/2017 | 07:29

Banker Expects Further Interest Rate Cuts

EghtesadOnline: Interest rates in the Iranian banking system are expected to drop in the next Iranian year (starting March 21), said the chief executive of Parsian Bank.

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Publish Date:15/March/2017 | 13:11

High Interests Offered by Automakers Criticized

EghtesadOnline: A lawmaker has criticized automakers for offering high interests on their pre-sale contracts, saying that the gaping difference between auto contracts’ interests and banks’ deposit rates has caused problems for the economy and the banking system.

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Publish Date:25/February/2017 | 13:49

No Interest Rate Cuts Likely Until May

EghtesadOnline: Interest rate cuts will be postponed until after the presidential elections in May, claims a bank chief executive.

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Publish Date:17/February/2017 | 08:03

CBI Eases Leasing Regulations

EghtesadOnline: The Central Bank of Iran announced on Tuesday that it has revised regulations regarding the operation of leasing companies, allowing lenders to offer their services at approximately 3% higher interest rate than those offered by the banking sector.

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Publish Date:18/January/2017 | 05:49

Regulatory Rebuke for 10 Iranian Banks

EghtesadOnline: The Central Bank of Iran has issued formal warnings to 10 banks for violating interest rates set by the Money and Credit Council, the bank’s deputy for supervisory affairs announced.

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Publish Date:25/December/2016 | 18:13

TEDPIX, IFX Lackadaisical

EghtesadOnline: Stocks don’t have much going for them these days. The combined threats of rising interest rates, weakening growth in global commodity prices and lingering political risks have dented investors’ sentiment, leading to a quiet week for equities.

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Publish Date:24/February/2018 | 06:23

High Real Interest Rates Disadvantage Banks

EghtesadOnline: Iranian banks still have to pay high interests on their deposits while their income from loan allocations has dropped significantly due to a serious credit crunch, increasing their losses and ruining the balance of their financial statements.

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Publish Date:21/January/2018 | 08:49

Rate Cut Benefits in Retrospect

EghtesadOnline: A few months into the implementation of a Central Bank of Iran directive that meant changes for the banking system, depositors and markets, the regulator’s deputy for economic affairs has deemed it a successful scheme for giving rise to positive results.

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Publish Date:25/December/2017 | 05:40

Investment Fund Restrictions to Help Reduce Interest Rates

EghtesadOnline: In what could be another step toward bolstering efforts to reduce the tenaciously high bank interest rates and balance markets, investment funds owned by banks and credit institutions have been slapped with a number of restrictions aimed at returning them to their original mandate.

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Publish Date:07/October/2017 | 05:50

Iran's Gold Market Rally Fuelled by Rate Cuts

EghtesadOnline: As if the recent gold rally was not enough of a surprise, the precious metal continued to gain in strength in Tehran's market–this time fueled by the Central Bank of Iran's decision to get tougher on the interest rate cut's implementation.

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Publish Date:04/September/2017 | 07:43

Businesses Demand Interest Rate Observance

EghtesadOnline: Since the inflation rate has continued to decline in the last four years, businesses expect the Central Bank of Iran to strictly monitor the implementation of the new CBI directive to lower interest rates, said the head of Iran Chamber of Commerce, Industries, Mines and Agriculture.

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Publish Date:30/August/2017 | 13:49

Rate Cuts to Propel Growth, Inflation

EghtesadOnline: The Central Bank of Iran issued a new directive less than a week ago requiring banks to rigidly observe interest rates lowered a year ago by the Money and Credit Council in the latest move to loosen monetary policy.

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Publish Date:27/August/2017 | 09:26

CBI Tapping Capital Markets to Moderate Interest Rates

EghtesadOnline: CBI Governor Valiollah Seif has named the newly-formed cordial relationship between the country's monetary and capital markets as a factor for moderating bank interest rates, announcing that consequently, "banks have been allowed to sell some of their bonds in the secondary market".

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Publish Date:21/August/2017 | 13:25

Lawmakers, Bank CEOs Will Discuss Interest Rate Cuts

EghtesadOnline: A top parliamentary economic commission will soon hold a joint session with CEOs of banks to brainstorm and decide new bank interest rates, announced the head of the commission.

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Publish Date:01/August/2017 | 06:13

Iran: Monetary Confab Debates Interest Rate Cuts

EghtesadOnline: The highly consequential issue of Iranian bank interest rates was the main topic of discussion in the latest event held in Tehran with a broad focus on financial stability.

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Publish Date:02/July/2017 | 09:12

Iran Private Banks, Central Bank in Interest Rate Cut Talks

EghtesadOnline: Private banks and credit institutions are in favor of lowering interest rates and they are currently holding negotiations in this regard with financial authorities, especially the Central Bank of Iran and the Money and Credit Council, the head of the Association of Private Banks said.

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Publish Date:20/June/2017 | 06:01

CBI Targets for Next Four Years Outlined

EghtesadOnline: The Central Bank of Iran will focus on managing banking interest rates and preventing a price war among other things for the four-year tenure of the next administration, the head of which will be introduced after the May 19 presidential election, the director of Monetary and Banking Research Institute said.

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Publish Date:15/May/2017 | 04:58

CBI Favors 10% Lending Rate

EghtesadOnline: Banks' lending rates are still high and the government is making efforts to lower the lending rates in line with the inflation rate, said the Central Bank of Iran's governor.

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Publish Date:06/April/2017 | 18:02