EghtesadOnline: Minister of Economic Affairs and Finance Masoud Karbasian said the recent move by Chinese banks to close Iranian nationals’ accounts is “unreasonable”, saying that Iran is seriously seeking an end to the predicament.

EghtesadOnline: Chinese banks’ leverage fell for the first time in seven years as the government’s campaign to curb risks in the $40 trillion financial system started to bite.

EghtesadOnline: The bad-loan challenge for China’s biggest banks, which worsened steadily over much of the first half of the decade, may finally be easing.

EghtesadOnline: The People’s Bank of China, the central bank of the East Asian nation, has reportedly given the green light to Iranian private sector investors interested in purchasing the shares of Chinese banks.