Bank Melli Lends $7 Billion in 10 Months

EghtesadOnline: Bank Melli Iran , the biggest state-owned lender, gave 952 trillion rials ($7.1 billion) in loans over ten months since the beginning of current fiscal year that ends in March.

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Publish Date:08/February/2020 | 11:51

BMI Lends $453m to Newlyweds

EghtesadOnline: Newlyweds have received more than 188,000 marriage loans worth 59.3 trillion rials ($453 million) from the state-owned Bank Melli Iran since the beginning of current fiscal year in March 2019.

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Publish Date:05/January/2020 | 06:28

BMI Says It Is in Good Shape

EghtesadOnline: Bank Melli Iran , the biggest bank in the country said Saturday that it had succeeded in attracting the highest volume of cash both in long-term deposits and Qarz-ul-Hasana (usury-free) saving accounts in the first seven months of the current fiscal that started in March.

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Publish Date:08/December/2019 | 24:00

Bank Melli Iran Pays $100m in Debt Purchase Loans

EghtesadOnline: State-owned Bank Melli Iran has granted 7,612 debt purchase applicants facilities worth 11.78 trillion rials ($100.7 million) in the first four months (March 21-July 22) of the current fiscal year.

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Publish Date:25/August/2019 | 11:29

BMI Eyes Blockchain Potential

EghtesadOnline: Sadad Informatics Corporation, affiliated with Bank Melli Iran , the nation's biggest bank, has formed a blockchain working group in order to tap into the vast potential offered by the new technology.

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Publish Date:08/July/2018 | 05:41

Business as Usual at BMI’s Overseas Branches

EghtesadOnline: CEO of Bank Melli Iran , Mohammad Reza Hosseinzadeh, said the US pullout from the 2015 Iran nuclear deal has failed to undermine the bank’s overseas operations.

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Publish Date:04/July/2018 | 05:01

BMI Outlines Forex Measures

EghtesadOnline: Director of Bank Melli of Iran’s Foreign Exchange Department Gholamreza Panahi outlined the lender’s measures to comply with new policies tightening government control over the foreign currency market.

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Publish Date:21/May/2018 | 06:08

BMI Loans for Turkey Business

EghtesadOnline: Bank Melli Iran , the nation’s biggest state-owned lender, has called on Iran and Turkey’s businesspeople to tap into special letters of credit facilities offered as part of the nations’ currency swap deal to promote their businesses.

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Publish Date:14/May/2018 | 24:07

BMI Targets Lower Lending Rates

EghtesadOnline: One of Iran’s top bankers has renewed the beleaguered banking system’s call for service fees to emerge as the main source of income instead of interests.

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Publish Date:13/May/2018 | 09:21

BMI Bonds to Boost Housing Affordability

EghtesadOnline: Bank Melli Iran , the nation’s biggest bank, is set to issue its first-ever housing bonds soon and experts believe that will lead to a drop in the price of bonds in the over-the-counter Iran Fara Bourse.

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Publish Date:11/April/2018 | 05:37

Bank Melli's Investment Arm Continues Downsizing Efforts

EghtesadOnline: Bank Melli Iran 's investment arm, Tosee Melli Group Investment Company, is planning to continue its downsizing efforts, which started last year, by selling stakes in six of its assets in the new fiscal year (started March 21), TGMIC's investment manager, Abbas Naeemi, announced.

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Publish Date:10/April/2018 | 07:02

Bank Melli Reviving Ties With French Bank

EghtesadOnline: High-level executives with Bank Melli Iran and France’s Banque Delubac met on Wednesday in Tehran to discuss a potential restoration of relations that were cut off after Iran was slapped with financial sanctions.

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Publish Date:17/March/2018 | 07:26

Capital Market Plans 2 Block Sales by March 20

EghtesadOnline: Bank Melli Iran and Iran Khodro Diesel are planning to undertake two of the capital market’s final and sizable block sales in the current fiscal year (March 21, 2017-18).

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Publish Date:14/March/2018 | 11:57

US Top Court Refuses to Hear Bank Melli Appeal of Ruling

EghtesadOnline: The US Supreme Court on Monday declined to take up Iranian government-owned Bank Melli’s appeal of a lower court ruling that allowed victims of militant attacks allegedly backed by Iran to seek millions of dollars in compensation from the bank.

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Publish Date:13/March/2018 | 07:56

Bank Melli Iran Enhancing Ties With Spain’s Aresbank

EghtesadOnline: Top representatives of Bank Melli Iran , the country’s biggest bank, and Spain’s Aresbank met on Tuesday to prepare the ground for expanding ties in the near future.

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Publish Date:03/March/2018 | 10:41

Presale Crosses 96,000 Gold Coins

EghtesadOnline: The presale of Bahar Azadi gold coins priced at 14 million rials ($311) and 13 million rials ($288) respectively with maturity periods of six months and one year began on Saturday at Bank Melli Iran , as per the directive of the Central Bank of Iran.

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Publish Date:24/February/2018 | 06:39

Bank Melli Iran Invests $10 Million in Big Data

EghtesadOnline: Bank Melli Iran , the nation’s biggest bank, is becoming more aware of the important role played by big data, as its deputy for information technology and communications network says it has poured big money in this area.

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Publish Date:17/February/2018 | 13:51

BMI Investment Arm to Sell Shares in 30 Firms

EghtesadOnline: Bank Melli Iran ’s large-cap investment arm, Tosee Melli Group Investment Company, is planning for a major downsizing by selling off shares in 30 companies.

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Publish Date:25/January/2018 | 10:51

Mir Business Bank Branch Planned in Sarakhs

EghtesadOnline: Bank Melli Iran , the nation’s biggest bank, is planning to establish a branch of its subsidiary Mir Business Bank–based in Russia– in Iran, a member of its board said.

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Publish Date:24/January/2018 | 09:41

BMI Absorbs Most Deposits

EghtesadOnline: Bank Melli Iran , the country’s biggest bank, attracted more than 22% of all the rial and foreign exchange deposits of the banking system in the first nine months of the current fiscal year to Dec. 21, placing it on top of all banks and credit institutions in this regard.

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Publish Date:21/January/2018 | 08:37