Veteran bankers defy Iran’s new banking bill
Financial Tribune – The Majlis ratified the outlines of banking rules under the “Comprehensive Islamic Banking Bill” in December. It includes three…
Tag Archives: Central Bank of Iran (CBI)
Commercial banks owe $15.5 bn to Iran’s central bank: Report
Press TV – Iranian commercial banks and financial institutions owe the central bank of the country a total of $15.5 billion, according…
Central Bank of Iran commences open market operation
Financial Tribune – The first transactions were reported under the newly unveiled Open Market Operation on Saturday when 10,000 treasury bills were…
Iran’s CB sets deadline for export revenues repatriation
Financial Tribune – Companies exporting non-oil goods that fail to meet their financial commitments regarding repatriation of their overseas earnings in the…
Iran’s CB: Open market operation set in motion
Financial Tribune – T he Central Bank of Iran officially started open market operations as part of its monetary policy to curb…
CBI says will calm currency market
Financial Tribune – Currency rates again pushed upwards on Tuesday, amid heightened political tensions in the region, but the Central Bank of…
Central Bank of Iran’s report for 8 months: Housing loans hit $3 billion
Financial Tribune – Iranian banks and financial institutions gave out a total of 6,288,511 loans, of which 11.5% were granted to the…
Iran: Bank deposits rise 30% in 1 year
Financial Tribune – Deposits with Iranian banks and credit institutions have been rising over the past year to reach 23,493.9 trillion rials…
Bankers prefer CBI fix banking reforms
Financial Tribune – Bankers prefer the Central Bank of Iran take charge of a long-awaited plan for reforming the outdated banking sector.…
Exporters decry Iran’s CB inaction over forex repatriation rules
Financial Tribune – Central Bank of Iran’s conditions on non-oil exporters to repatriate their currency earnings has been criticized yet again by…
Banking bill ratified amid Iran’s CB concerns
Financial Tribune – Majlis ratified the outlines of banking rules under the “Comprehensive Islamic Banking Bill” umbrella on Tuesday. The package of…
CBI to finance Siraf refining project
SHANA — Iranian Minister of Petroleum Bijan Zangeneh said that the central bank of Iran (CBI) was to bankroll Siraf refining project…
Economic growth positive in H1: CBI gov.
MNA – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced on Monday that Iran could manage to register…
Iran’s CB backs non-oil foreign trade
Financial Tribune – The Central Bank of Iran will continue to promote non-oil trade with foreign countries, the bank’s deputy governor for…
Central Bank of Iran Governor says Forex rates to keep going down
IRNA – Governor of Central Bank of Iran Abdolnasser Hemmati said on Sunday that stability and balance of supply and demand are…
Central Bank of Iran steps in to support rial
Financial Tribune – The rial regained some lost territory against the US dollar on Wednesday after the Central Bank of Iran intervened…
Iran’s CB enhances anti-money laundering rules
Financial Tribune – In line with provisions of anti-money laundering guidelines, the Central Bank of Iran has further tightened rules for daily…
Iranian banks selling $1.4bn in assets amid overhaul: Report
Press TV – Nearly $1.4 billion in assets owned by 18 Iranian banks are being sold as the banking system in the…
10% decline in bounced checks
Financial Tribune – During the calendar month to October 22, approximately 618,000 checks worth 103 trillion rials ($845 million) bounced, according to…
New CBI platform to oversee open banking, regulated forex operations
Financial Tribune – The Central Bank of Iran has developed a new platform, Diba, to supervise open banking operations, says Aboutaleb Najafi,…
Economic, political climate will govern forex market stability
Financial Tribune – Except for brief volatility in the first weeks of the new fiscal year (started March 2019), the currency market…
Iranian banks balance sheet grew by %27.4 to hit $188bn in August: CBI
Press TV – The Central Bank of Iran (CBI) has said that the total balance sheet of the banks operating in the…
€10.6 billion in non-oil export revenues repatriated via Nima
Financial Tribune – Since the beginning of the current fiscal year (March 20), more than €10.6 billion earned from exporting non-oil goods…
Lower cosmetics consumption despite growth in spending
Financial Tribune – Iranian households’ spending on cosmetics increased in the last Iranian year {ended March 20, 2019] compared with the year…
Iran’s CB catalogs forex given for imports
Financial Tribune – Soon after a call by President Hassan Rouhani, the Central Bank of Iran has published a report on its…
Gov’t enhances transparency of financial systems
Financial Tribune – Following efforts to improve the financial transparency and discipline administrative bodies, the Central Bank of Iran has connected its…
Central Bank of Iran further tightens anti-money laundering rules
Financial Tribune – The CBI bylaw obliges non-bank credit institutions and moneychangers to participate in risk identification and risk management processes by…
Central Bank of Iran applauds private firms for helping resist US sanctions
Financial Tribune – Hemmati: Had it not been for the dedication and efforts of the private sector, surviving the current difficult conditions…
CBI continues its work through ‘unsanctionable’ networks: Hemmati
MNA – Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said that the body continues its work despite the US’s sanctions…
Importers buy forex worth €7.8b at Iran’s secondary forex market
Financial Tribune – The total value of foreign currencies sold by exporters of non-oil goods at Iran’s secondary market amounted to €9.2…
Zarif raps US sanction on Iran Central Bank as war crime
Tasnim – The US move to impose new sanctions on the Central Bank of Iran amounts to a war crime, Iranian Foreign…
Central Bank of Iran restricts ownership of banks’ shares
Financial Tribune – In line with efforts to help promote corporate governance and protect the rights of bank depositors and shareholders, the…
Lenders under Central Bank of Iran scrutiny for ratings
Financial Tribune – The Central Bank of Iran has resumed rating lenders based on their performance in corporate governance and the level…
Tehran home prices, sales dip for 2nd month in row
Financial Tribune – The number of property deals, together with home prices in Tehran decreased, for the second consecutive month, in the…
Iranian non-oil exporters repatriate €8b in H1
Financial Tribune – An estimated €7.98 billion in non-oil export revenues was repatriated through the Central Bank of Iran’s secondary market in…
CBI governor: Foreign countries keen on establishing banking ties with Iran despite US sanctions
MNA – Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said that foreign countries are interested in establishing banking relationships with…
New sanctions on Central Bank of Iran show US’ empty hands: CBI chief
Tasnim – Governor of the Central Bank of Iran (CBI) Abdonnaser Hemmati said the new sanctions imposed against the CBI prove the…
Top economic council extends CBI authorities to manage foreign currencies market
MNA – The Supreme Council of Economic Coordination Sat. decided to extend the authorities of the Central Bank of Iran (CBI) for…
CBI mainly focuses on controlling liquidity, supporting domestic production: Hemmati
Tehran Times – Governor of Central Bank of Iran (CBI) said the bank’s current programs are mainly focused on controlling liquidity and…
Economy returning to normalcy as a result of CBI proper measures: Hemmati
MNA – Governor of the Central Bank of the Islamic Republic of Iran (CBI) Abdolnaser Hemmati says the country’s economy is more…