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BMI Launches Housing Savings Account

EghtesadOnline: Bank Melli Iran has launched a special housing scheme to increase people’s purchasing power and help the sector.
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Publish Date:14/January/2018 | 09:19

BMI’s 100-Day Foreign Exchange Transactions Exceed $3 Billion

EghtesadOnline: In light of Iranian banks’ expanded international role in the post-sanctions era, the volume of Bank Melli Iran ’s forex transactions exceeded $3 billion during the first 100 days of the second term of President Hassan Rouhani which began in August, a report released by the bank announced.
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Publish Date:13/December/2017 | 13:32

Two Major Lenders Hold General Meetings

EghtesadOnline: The annual general meetings of two major state-owned banks, Bank Melli Iran and Bank Maskan, have been belatedly held and their balance sheets for the previous fiscal year to March 20, 2017, were approved.
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Publish Date:10/December/2017 | 13:20

Auction to Burst Iran's Gold Coin Bubble

EghtesadOnline: Bank Melli Iran , through its affiliate Bank Kargoshaee, has launched a three-day auction to deflate the gold coin bubble in Tehran's market.
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Publish Date:26/November/2017 | 06:52

BMI Recovering Bad Loans

EghtesadOnline: Bank Melli Iran has managed to recover more than 64 trillion rials ($1.13 billion) of its non-performing loans during 2013-16, announced the bank’s chief executive.
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Publish Date:11/November/2017 | 10:34

Bank Melli Iran Upbeat on Int’l Expansion

EghtesadOnline: Iranian banks remain devoid of ties with major European counterparts who understandably err on the side of caution for fear of having to pay millions of dollars courtesy of potential US retribution, but the man helming the biggest Iranian bank anticipates a brighter future even as uncertainties abound.
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Publish Date:04/November/2017 | 09:42

BMI’s Capital Exceeds $5b

EghtesadOnline: Bank Melli Iran has benefited from another recapitalization worth 11.5 trillion rials ($295 million) which increased the capital of the bank to 198.5 trillion rials ($5.09 billion), BMI’s official website reported.
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Publish Date:23/October/2017 | 09:55

BMI’s Paris Branch Joins Target 2

EghtesadOnline: After months of following up the issue, Bank Melli Iran ’s Paris branch has been connected to Target 2, the European interbank payment network, a board member of the bank said on Sunday.
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Publish Date:16/October/2017 | 14:15

Surge in Bank Melli Iran 's Forex Services

EghtesadOnline: Bank Melli Iran ’s foreign exchange trading services, which include opening lines of credit and processing foreign exchange remittances for importing commodities, have registered respective year-on-year increases of 173% and 95.5% in terms of value and number respectively during the first five months of the new Iranian year (started March 21), BMI’s website reported.
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Publish Date:15/October/2017 | 10:33

Bank Melli Iran Invests $25m in Startups

EghtesadOnline: Bank Melli Iran , owned by the government and the largest commercial bank in Iran, has invested more than 1 trillion rials ($25.6 million) in three knowledge-based startups, an official at the Presidential Office for Science and Technology announced.
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Publish Date:07/October/2017 | 06:00

Linkup With Brazilian Lenders

EghtesadOnline: With the aim of expanding banking correspondent relations to support foreign trade, Bank Melli Iran has succeeded in establishing correspondent ties with Brazilian banks, the lender’s deputy for foreign exchange and international affairs announced, without disclosing the names of Brazilian banks.
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Publish Date:07/October/2017 | 05:59

BMI’s Hong Kong Branch Restarts Operations

EghtesadOnline: The Hong Kong branch of Melli Bank London PLC, a subsidiary of Bank Melli Iran , has officially restarted its operations, the chief executive of BMI announced.
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Publish Date:19/September/2017 | 09:27

BMI Holds AML Workshop

EghtesadOnline: Bank Melli Iran is holding an anti-money laundering workshop, tutored by educators from Philip-Sydney, a multi-disciplinary consulting and training firm specializing in Financial Crime Prevention, which is based in the Netherlands.
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Publish Date:17/September/2017 | 05:09

BMI Establishes Anti-Money Laundering System

EghtesadOnline: A comprehensive system for exchanging information on combating money laundering pertaining to Bank Melli Iran , the nation’s biggest lender, has been established by the bank with the support of the Ministry of Economic Affairs and Finance.
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Publish Date:11/September/2017 | 11:34

BMI’s Najaf Branch Opens

EghtesadOnline: Bank Melli Iran ’s branch has started operations in the Iraqi holy city of Najaf Al-Ashraf, the lender’s chief executive said.
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Publish Date:11/September/2017 | 11:07

AML Courses at Bank Melli

EghtesadOnline: Bank Melli Iran , the nation’s biggest lender, is ramping up efforts to teach anti-money laundering principles to its staff.
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Publish Date:04/September/2017 | 07:52

BMI Loans Top $5b in 4 Months

EghtesadOnline: Bank Melli Iran , owned by the government, doled out nearly 423,000 loans worth 195 trillion rials ($5.11 billion) during the four months to July 22.
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Publish Date:28/August/2017 | 09:54

BMI Expanding Presence in Iraq

EghtesadOnline: Bank Melli Iran –the country’s biggest commercial lender–is expanding its presence in neighboring Iraq by establishing new branches in its capital city Baghdad, the shrine city of Najaf and the southern city of Basra, the bank’s deputy for foreign exchange affairs announced.
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Publish Date:23/August/2017 | 08:44

Iranian bank opens branch in Iraq’s Najaf

EghtesadOnline: Bank Melli Iran (BMI) for the first time opened a branch in Iraq’s holy city of Najaf on Sunday on a probationary basis.
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Publish Date:21/August/2017 | 11:54

BMI Issues Islamic Bonds Worth $1.2b

EghtesadOnline: Bank Melli Iran issued 3,092 Islamic Treasury Bills worth over 47 trillion rials ($1.2 billion) during the first quarter of the current Iranian year (started March 21).
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Publish Date:20/August/2017 | 08:51