Iran credit institutions
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CBI Will Fully Tackle Shadow Banks by Sept.
EghtesadOnline: All illegal credit institutions will be fully organized and sorted out by the Central Bank of Iran and the parliament up to the first half of the next fiscal year in late September,…
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Iran Bank Loans Top $100b in 10 Months
EghtesadOnline: Banks and credit institutions doled out more than 4.62 quadrillion rials ($102.66 billion) in loans to various sectors of the economy during the first 10 months of the current…
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IMF Hails Iran Efforts Against Shadow Banks
EghtesadOnline: The International Monetary Fund has hailed efforts by the Central Bank of Iran in curbing the activities of a multitude of unruly credit institutions, which eluded the regulator's…
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Spotlight on Major Lenders Over Delay in AGMs
EghtesadOnline: The annual general meetings of major banks and credit institutions have run into a snag, as lenders struggle to incorporate the latest standards introduced by the Central Bank…
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Surge in Private Banks’ Arrears to CBI Halted
EghtesadOnline: The total arrears of 27 Iranian private banks and non-bank credit institutions to the Central Bank of Iran up to April 20 stood at 347.8 trillion rials ($9.2 billion), marking…
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Banks to Share Account Data With Tax Authorities
EghtesadOnline: As their deadline looms, banks and credit institutions are signing agreements that legally bind them to hand over information about the bank accounts of taxpayers to Iran National…
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Central Bank of Iran Directive Makes IFRS Mandatory
EghtesadOnline: In order to protect the interests of banks and credit institutions' depositors and shareholders, and maintain the stability and health of banking system, the Central Bank of Iran…
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CBI Issues Directives, Modifies Regulations
EghtesadOnline: As part of an overarching policy of reforming the banking sector, the Central Bank of Iran has issued two executive directives concerning capital adequacy and international conformity…
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Parliament Getting Tougher on Shadow Banks
EghtesadOnline: As the heated case of uncertified credit institutions drags on, the parliament has given the Central Bank of Iran until March 2018 to wrap up the case.
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Iran Private Banks, Central Bank in Interest Rate Cut Talks
EghtesadOnline: Private banks and credit institutions are in favor of lowering interest rates and they are currently holding negotiations in this regard with financial authorities, especially…