Iran bank interest rates
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Monetary Loosening Impacts Iran Bank Deposits
EghtesadOnline: The Central Bank of Iran’s policy to cap bank interest rates at 15% effectively changed the composition of deposit contracts signed with financial institutions.
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CBI Report Reviews Major Policies
EghtesadOnline: In a performance report covering the period since the current fiscal year began in March 2017, the Central Bank of Iran has reviewed its major monetary policies related to reducing…
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MRC Urges Restraint in Gov’t Bond Issuance
EghtesadOnline: The research arm of the Iranian Parliament has warned against the detrimental effects of the government engaging in a widespread issuance of bonds, especially on bank interest…
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Bank Rate Cuts to Assist Housing Boom
EghtesadOnline: Lower bank interest rates, which cause more capital to flow toward other sectors including the housing sector, will prove instrumental in triggering a boom in the sector, a board…
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Investment Fund Restrictions to Help Reduce Interest Rates
EghtesadOnline: In what could be another step toward bolstering efforts to reduce the tenaciously high bank interest rates and balance markets, investment funds owned by banks and credit institutions…
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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…
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Iran's Central Bank Doubles Down on Enforcing Interest Rates
EghtesadOnline: While more than a year has passed since bank deposit interest rates were officially set at 15%, the Central Bank of Iran has now set a deadline through its latest directive to…
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CBI Tapping Capital Markets to Moderate Interest Rates
EghtesadOnline: CBI Governor Valiollah Seif has named the newly-formed cordial relationship between the country's monetary and capital markets as a factor for moderating bank interest rates,…
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Proposed Industries Minister Vows to Reform Forex, Bank Interest Rates
EghtesadOnline: Mohammad Shariatmadari, industries, mining and trade minister-designate, has pledged to lower banks’ interest rates and overhaul the current system of determining foreign exchange…
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Lawmakers, Bank CEOs Will Discuss Interest Rate Cuts
EghtesadOnline: A top parliamentary economic commission will soon hold a joint session with CEOs of banks to brainstorm and decide new bank interest rates, announced the head of the commission.
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Gov’t to Focus on Interest Rate Cuts
EghtesadOnline: Owing to the importance of bank interest rates for realizing the main goals of Iranian economy, decreasing the rates will play a significant role in the second term of President…