tag Iran Money and Credit Council

MCC Approves Regulations for Mortgage-Backed Securities

EghtesadOnline: Money and Credit Council, a top financial decision-making body, has approved regulations supervising the issuance of mortgage-backed securities, paving the way for all banks and credit institutions to tap into housing bonds.
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Publish Date:10/February/2018 | 09:51

Committee to Survey Manufacturing Units

EghtesadOnline: Members of the Money and Credit Council, a high-level financial decision-making body with the Central Bank of Iran, in its latest meeting decided to form a committee with the specific aim of surveying the conditions of manufacturing units across the country.
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Publish Date:25/January/2018 | 10:46

CBI Notifies Liquidity Risk Regulations

EghtesadOnline: The Central Bank of Iran has officially notified the directive for “minimum requirements of liquidity risk management of credit institutions” to the banking system that was approved by the top financial decision-making body Money and Credit Council two weeks ago.
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Publish Date:04/November/2017 | 09:44

Loan Rate Cut on MCC Agenda

EghtesadOnline: Declaring that banks have now reduced the interest on their deposits, Minister of Finance and Economic Affairs Masoud Karbasian announced that the Money and Credit Council will pursue lowering of lending rates, though there has been no discussion over the issue yet.
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Publish Date:23/October/2017 | 09:09

MCC OKs Compliance Risk Regulations

EghtesadOnline: For making Iranian financial institutions conform to international standards, Money and Credit Council–a top monetary decision-making body–has approved a directive that requires banks to implement compliance risk standards.
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Publish Date:07/October/2017 | 06:04

2 New Members for MCC

EghtesadOnline: President Hassan Rouhani appointed his deputy for economic affairs, Mohammad Nahavandian, and his special aide for economic affairs, Masoud Nili, as new members of the Money and Credit Council on Monday.
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Publish Date:03/October/2017 | 24:09

Iran Private Sector Seeks Share of Finance

EghtesadOnline: Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei will soon attend the next meeting of the Money and Credit Council–a financial decision-making body–to negotiate a share for the private sector from the recent stream of foreign finance flowing into the country, ICCIMA’s deputy head announced.
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Publish Date:27/September/2017 | 11:37

CBI to Regulate Inactive Accounts

EghtesadOnline: An official of the Central Bank of Iran has announced the details of regulations related to dormant accounts that were passed by the Money and Credit Council in early August.
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Publish Date:10/September/2017 | 11:03

MCC Briefed on Economic Performance

EghtesadOnline: The Economic Office at the Central Bank of Iran has briefed the Money and Credit Council on the latest economic developments in MCC’s most recent meeting late Tuesday.
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Publish Date:10/September/2017 | 11:00

New Economy, Industries Ministers Join MCC

EghtesadOnline: The first Money and Credit Council meeting after the commencement of President Hassan Rouhani’s second term convened late Tuesday with two new members joining the decision-making body responsible for setting the country’s banking and financial market regulations.
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Publish Date:26/August/2017 | 06:07

Iran Raises Foreigners' Bank Account Limit

EghtesadOnline: In its most recent meeting, the Money and Credit Council, a top financial decision-making body, has ruled to raise the ceiling set for the annual turnover of rial accounts allowed for foreigners in Iranian banks.
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Publish Date:06/September/2017 | 08:19

Rate Cuts to Propel Growth, Inflation

EghtesadOnline: The Central Bank of Iran issued a new directive less than a week ago requiring banks to rigidly observe interest rates lowered a year ago by the Money and Credit Council in the latest move to loosen monetary policy.
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Publish Date:27/August/2017 | 09:26

Iranian State Banks Should Publicize Data

EghtesadOnline: Money and Credit Council–a decision-making body–has called on state-owned lenders for the first time to make their financial data publicly available in line with measures to boost transparency.
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Publish Date:03/June/2017 | 06:06