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BMI Holds AML-CTF Course

EghtesadOnline: Bank Melli Iran has organized a two-day course for training educators in the field of anti-money laundering and combating terrorist financing, the bank’s official website announced.
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Publish Date:16/August/2017 | 09:11

BMI Shedding Excess Assets

EghtesadOnline: Bank Melli Iran has divested affiliated companies worth 9.746 trillion rials ($255.7 million) in the previous fiscal year (ended March 20, 2017), registering a 140% growth year-on-year, the bank’s official website announced.
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Publish Date:14/August/2017 | 24:15

BMI Post-Sanctions Transactions Top $20b

EghtesadOnline: Since the implementation of Iran’s nuclear deal with major world powers in January 2016, Bank Melli Iran has had a turnover of $20 billion, the bank’s official website announced.
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Publish Date:13/August/2017 | 13:25

BMI Developing Loan Tracking Software

EghtesadOnline: Bank Melli Iran , the nation’s biggest lender, is developing a new software that tracks the process of loan allocation for different projects.
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Publish Date:02/August/2017 | 10:33

BMI Raises Cap for Forex Payment Orders

EghtesadOnline: Bank Melli Iran has more than doubled the ceiling for its non-commercial foreign exchange payment orders to €5,000 ($5,866) from the previous €2,000 ($2,347) per person.
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Publish Date:01/August/2017 | 11:11

80% IFRS Conformity in BMI Balance Sheets

EghtesadOnline: Bank Melli Iran , the nation’s biggest bank, has made significant headways in conforming to International Financial Reporting Standards, its chief executive said.
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Publish Date:31/July/2017 | 24:17

IRICA, BMI to Launch Online Payment System

EghtesadOnline: To improve the speed and precision of customs’ banking affairs, Bank Melli Iran and the Islamic Republic of Iran Customs Administration are to launch an online payment system.
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Publish Date:22/July/2017 | 07:08

BMI Urged to Lead Banking Reforms

EghtesadOnline: Economy Minister Ali Tayyebnia has called on Bank Melli Iran , the nation's biggest lender, to be at the vanguard of much-needed reforms in the ailing banking sector by supporting businesses, reducing interest rates and developing Internet banking.
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Publish Date:15/July/2017 | 10:41

Surge in BMI Interest-Free Loans

EghtesadOnline: Bank Melli Iran has provided over four million Qarzol-Hassaneh (interest-free) loans worth 87 trillion rials ($2.3 billion) in the past four years, the bank’s website announced.
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Publish Date:11/July/2017 | 07:25

BMI Slimming Down

EghtesadOnline: Bank Melli Iran is set to gradually shed its excess assets currently worth 27 trillion rials ($714 million) after the clearance of legal hurdles, BMI’s deputy for logistics announced.
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Publish Date:04/July/2017 | 07:41

Drop in BMI NPLs

EghtesadOnline: Iran’s biggest bank managed to reduce its ratio of non-performing loans to total loans in the last Iranian year (ended March 20, 2017).
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Publish Date:21/June/2017 | 08:20

BIM Loans for SMEs Top $600m

EghtesadOnline: Bank of Industry and Mine has doled out 23 trillion rials ($613 million) in loans to small- and medium-sized enterprises since March 2016 as a part of the stimulus scheme for SMEs, the bank’s website announced.
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Publish Date:20/June/2017 | 09:47

Bank Melli's Loan-To-Deposit Ratio at 90%

EghtesadOnline: Bank Melli Iran 's loan-to-deposit ratio is now 90%, which is considered acceptable, the CEO of the bank has said.
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Publish Date:19/June/2017 | 07:45

BMI Hamburg Transactions Hit €11 Billion

EghtesadOnline: Bank Melli Iran ’s Hamburg branch has conducted transactions worth €11 billion ($12.3 billion), noting that the bank’s activities soared after economic sanctions against Iran were lifted in January 2016, said a bank’s official.
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Publish Date:13/June/2017 | 08:34

Bank Melli Iran to Set Up Debt Collection Agency

EghtesadOnline: Bank Melli Iran , the country's largest commercial lender, is set to establish a company tasked with recovering its non-performing loans, announced a member of the state-owned bank's board of directors.
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Publish Date:13/June/2017 | 05:56

Bank Melli Tapping $1b of NDFI Resources

EghtesadOnline: Bank Melli Iran , the nation’s biggest bank, has been allowed to draw up to $1 billion from the foreign exchange resources of the National Development Fund of Iran to support production, the bank’s deputy for credit affairs announced.
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Publish Date:31/May/2017 | 09:38

Bank Melli Iran Revamping European Branches

EghtesadOnline: Bank Melli Iran is planning to overhaul its European branches after clearing the procedures both inside the country and abroad, the director of BMI's Department for Foreign Exchange said.
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Publish Date:28/May/2017 | 05:26

Continued Backing for Production, Employment

EghtesadOnline: The Iranian banking system will continue to support production and employment in the current fiscal year as it did last year, says the chief executive of Bank Melli Iran .
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Publish Date:27/May/2017 | 07:30