Irans banking sector has suffered a lot in the past few years due to the crippling sanctions imposed on Tehran over its nuclear energy program, but the industry would survive if sanctions are lifted, Iran Zamin Banks CEO Mohsen Hashemi said on Saturday, as reported by IRNA. Banks are social and economic entities that can directly affect both the ...

The Central Bank of Iran lifted a ban on one billion rial checks issued by Iran Zamin Bank, allowing the lenders checks to be processed in all bank branches across the country. In early February, the CBI banned the acceptance and processing of over one billion rial checks of three private banks including Ayandeh, Sarmayeh and Iran Zamin. After a ...