BMI Boss Urges Fair Appraisal of Bank’s Mounting Problems

EghtesadOnline: After financial statements of Bank Melli Iran became public last week, the chief executive, Mohammad Reza Hosseinzadeh, responded to criticism and defended the performance of the lender.

|

Publish Date:28/September/2021 | 19:35

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.

|

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.

|

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

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.

|

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.

|

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

BMI Funding 143 Projects

EghtesadOnline: Iran’s Bank of Industry and Mine is financing 143 national projects that can generate more than 30,000 direct jobs.

|

Publish Date:26/June/2018 | 05:06

BMI : US Deal Pullout to Have Limited Impact on Mining Industry

EghtesadOnline: The reimposition of US sanctions on Iran will only have a limited impact on the country’s mining and metals industry in the short run and is expected to do little additional damage to an industry already facing “a myriad of domestic operational challenges”.

|

Publish Date:20/May/2018 | 08:40

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.

|

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

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.

|

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

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.

|

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

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.

|

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.

|

Publish Date:13/December/2017 | 13:32

BMI to Set Up Innovation Center

EghtesadOnline: With the support of the Information and Communications Technology Committee affiliated with the vice presidency for science and technoogy, Iran’s biggest bank has clinched a deal with one of the nation’s top universities to establish a startup accelerator center.

|

Publish Date:15/November/2017 | 10:15

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.

|

Publish Date:11/November/2017 | 10:34

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.

|

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.

|

Publish Date:15/October/2017 | 10:33

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.

|

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.

|

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.

|

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.

|

Publish Date:11/September/2017 | 11:07