Financial Tribune - 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 Committee of Majlis Economic Affairs Commission Mohammad Hossein Hosseinzadeh Bahraini told state TV. He said the reforms would bring radical changes in ...

Following an approval by the Cabinet and a presidential endorsement, the twin bills devised by the government to reform the banking system after almost 45 years have now been sent to the parliament.

Financial Tribune- The research arm of the Iranian Parliament has published a first-of-its-kind report detailing six reasons why the Banking Reform Billa scheme for undertaking major reforms in the banking sectorshould be approved. In highlighting the strengths of the bill, Majlis Research Center has also exposed some of the bill's faults that have ...

TEHRAN, Iran On July 24, Valiollah Seif, the governor of theCentral Bank of Iran (CBI), unveiled the Central Bank and Usury-Free Banking Reform Bill, also known as the Banking Reform Bill, to supportsustained acceleration in economic growthand broadexpansion of the private sector, which is currently suffering from a credit crunch in the Iranian financial ...