Valiollah Seif
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CBI Focuses on Banking Trouble Areas
EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif has outlined four troublesome areas for the Iranian banking system and what is currently being done to effectively address…
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CBI governor defends Iran’s “banking diplomacy” in post-JCPOA
EghtesadOnline: Governor of Central Bank of Iran (CBI) Valiollah Seif said on Saturday that Iran’s banking diplomacy after the implementation of Iran nuclear deal, also known as Joint Comprehensive…
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NPL Penalty Waiver Ceiling to Increase
EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif announced that the second phase of waiving late payment penalties for non-performing loans will be implemented soon.
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CBI Enforcing Transparency in State Payments
EghtesadOnline: The implementation of the national scheme of moving all government accounts to the Central Bank of Iran will bring all the resources to a central treasury that the government…
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CBI Favors Synergy With Cyber Police
EghtesadOnline: The Central Bank of Iran is eager to increase the banking system's interaction and collaboration with the Iranian Cyber Police, as this would help electronic banking, CBI's governor…
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Iranian-European banks to establish long-term ties soon
EghtesadOnline: Long-term relations between Iranian and European banks are expected to develop especially in financing civil engineering and production projects, Governor of Central Bank of Iran…
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Iran Moving Int'l Settlements to Russia, Turkey
EghtesadOnline: The Central Bank of Iran has recently decided to move international settlements from Persian Gulf states to Russia and Turkey, said the governor of CBI.
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Seif: Forex Policy Unrelated to Elections
EghtesadOnline: Foreign exchange rates should be in line with economic realities but in order to forestall speculative activities, the Central Bank of Iran is keen on curbing the potential volatility…
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Central Bank Allays Inflationary Concerns
EghtesadOnline: A notable decline in liquidity growth is a reassuring sign that Iran will be able to anchor its inflation in the single digits, the governor of the Central Bank of Iran said.
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CBI to Allow Moneychangers Use Int’l Cards
EghtesadOnline: The Central Bank of Iran is planning to allow authorized exchange shops to use international cards in daily operations [instead of cash], the CBI governor said.
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Banks’ Lending Up 40%
EghtesadOnline: Iranian banks' loan portfolio expanded by 40% during the year to March 20 despite grappling with a credit shortage, said the governor of the Central Bank of Iran.
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Banks Refocusing on Production, Employment
EghtesadOnline: The Iranian banking system will focus on increasing production and improving employment in the current fiscal year in line with the guidelines provided by the Leader of Islamic…
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Iran witnessing two-digit economic growth rate after 26 yrs: CBI chief
EghtesadOnline: Iran witnessing two-digit economic growth rate after 26 yrs: CBI chief
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CBI Favors 10% Lending Rate
EghtesadOnline: Banks' lending rates are still high and the government is making efforts to lower the lending rates in line with the inflation rate, said the Central Bank of Iran's governor.
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Currency Revaluation a Two-Year Process
EghtesadOnline: Executing currency revaluation in Iran by removing one or more zeroes from the rial will require conditions that will not materialize for at least another two years, the governor…
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Bright future awaiting Iran economy: CBI chief
EghtesadOnline: Governor of the Central Bank of Iran (CBI) Valiollah Seif has predicted a bright future for the country’s economy.
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Seif: Iran's FATF Membership by May
EghtesadOnline: The governor of the Central Bank of Iran believes that the country will be able to meet the conditions needed to become a full-time member of the Financial Action Task Force when…
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Iran, Indonesia to Open Joint Bank Account
EghtesadOnline: The establishment of a joint bank account between Iran and Indonesia will foster financial cooperation and facilitate bilateral transactions, said the Central Bank of Iran’s governor.
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Money Supply Surges 26%
EghtesadOnline: Money supply has reached 11,966 trillion rials ($316.5 billion) by January 19, 2017, to mark a 26% surge compared with the same period of last year, said the Central Bank of Iran’s…
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Iran Holds Key Conference on IFRS Adoption
EghtesadOnline: For International Financial Reporting Standards to truly take hold in Iran, they must be accorded significance on the national scale, the governor of the Central Bank of Iran…
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CBI chief: No frozen assets of Iran in Oman
EghtesadOnline: Governor of Central Bank of Iran (CBI) Valiollah Seif explained his recent negotiations with Omani banking officials during his recent visit of President Hassan Rouhani to that…
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Iran, Azerbaijan to enhance banking ties
EghtesadOnline: Governor of Central Bank of Iran (CBI), Valiollah Seif, and Azeri economic and financial officials on Monday discussed ways of Iran-Azerbaijan banking relation expansion.
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Seif Visiting Baku to Advance Financial Talks
EghtesadOnline: Central Bank of Iran's Governor Valiollah Seif is expected to discuss an earlier agreement between Tehran and Baku on opening settlement accounts with his Azerbaijani colleagues…
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Trade Costs Declining After Sanctions Relief
EghtesadOnline: The achievements of Iran's nuclear deal must not be undermined, as the cost of foreign trade for the country is declining among other things, the governor of the Central Bank…
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CBI Oversight Plan Closer to Implementation
EghtesadOnline: The main component of the Central Bank of Iran’s grand plan to overhaul its financial oversight regime has been presented to the Money and Credit Council for final approval, an…
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New Rules on Bank Debtors’ Travel Ban
EghtesadOnline: The governor of the Central Bank of Iran has sent a letter to CEOs of all state-owned and private banks, notifying them of new regulations concerning foreign travel ban on bank…
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70 percent of banking expectations from JCPOA realized: CBI chief
EghtesdaOnline: Seventy percent of expectations from the Joint Comprehensive Plan Of Action in banking field has been fulfilled, Governor of Central Bank of Iran Valiollah Seif said.
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Iran to Ditch US Dollar in Official Reports
EghtesadOnline: Iran will stop using the US dollar as its currency of choice in its financial and foreign exchange reports from the new fiscal year that begins in March, announced the governor…
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Bank Transparency, Disinflation Driving Gov't Policy
EghtesadOnline: Top banking officials and pundits gathered on Tuesday to discuss matters vital to the future prosperity of the Iranian banking system and as an extension, the Iranian economy,…
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Call for Promoting Competitive Banking
EghtesadOnline: The governor of the Central Bank of Iran has called for promoting competition in the banking system, cautioning that unhealthy rivalry can lead to unsatisfactory repercussions.