Iran interest rates - page 3

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".

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.

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.

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.

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.

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.

EghtesadOnline: Lack of proper supervision on interbank market operations has caused a considerable surge in interest rates, said the head of Majlis Economic Commission.