Iran Deposits
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High Real Interest Rates Disadvantage Banks
EghtesadOnline: Iranian banks still have to pay high interests on their deposits while their income from loan allocations has dropped significantly due to a serious credit crunch, increasing…
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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…
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Seif: Rates Cut Benefits Markets
EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif has sought to outline the benefits of the policymaker's recent directive to cut bank interest rates, saying it has curbed a…
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Iran: Interest Rates and the Battle for Deposits
EghtesadOnline: Saturday was the implementation day for the Central Bank of Iran’s latest major directive on bank interest rates, which has already created a momentum in the banking system as…