Banking Sector
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Raisi Calls for Remaking the Ailing Banking Sector
EghtesadOnline: President Ebrahim Raisi in a meeting with CEOs of banks underscored the pressing need for change in managing the banking system that has come under systemic criticism for long…
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Bankers Prefer CBI Fix Banking Reforms
EghtesadOnline: Bankers prefer the Central Bank of Iran take charge of a long-awaited plan for reforming the outdated banking sector. The call was made in a recent letter to Majlis Speaker Ali…
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An Overview of Iranian Banks’ Tech Priorities
EghtesadOnline: Iran’s banking sector, for a variety of reasons, has failed to keep up with the rapid pace of technological advancement in most countries since early 2000. However, lenders have…
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Iran Parliament Moves to Rein in Venal Banking Sector
EghtesadOnline: The Majlis Economic Commission is preparing a bill In line with efforts to promote long-awaited transparency in the key banking sector.
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Banking on Private Enterprise
EghtesadOnline: Bypassing US economic sanctions is the function of a robust private sector and the banking sector will step in to empower private companies, said the CEO of state-owned Bank Melli…
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Iran Gov't Wants to Generate $8.5b by Selling Bank-Owned Property
EghtesadOnline: As part of its plans to reform the limping banking sector, the government has launched a program to sell excess property of state banks.
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Iran Chamber of Commerce Demands Responsive and Responsible Banking Sector
EghtesadOnline: The head of Iran Chamber of Commerce, Industries, Mines and Agriculture called on the government and the Central Bank of Iran to improve oversight of the cumbersome banking system…
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Iran's Reform Bill Targets CBI, Banking Sector
EghtesadOnline: A major part of the Comprehensive Banking Law targeting the struggling banking system and problems of the central bank has been approved, the head of the Monetary and Banking…
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CBI Has Ten-Point Plan to Overhaul Banking Sector
EghtesadOnline: The action plan of the Central Bank of Iran regarding the implementation of the Banking Overhaul Plan is premised on 10 key factors, said the vice-governor of the bank.