The World Bank says Iran’s foreign debts rose slightly in 2015 but were still significantly lower than 2011 when the country faced a series of US-led sanctions.
Governor of Central Bank of Iran (CBI) called for efforts to boost banking cooperation between Iran and Afghanistan.
Iran says three foreign banks are in the process of opening branches in Iran.
Iran has introduced credit cards for the first time in what appears to be a plan to encourage spending by the public.
The Central Bank of Iran (CBI) has vowed to protect people’s banking information in transactions with the Financial Action Task Force (FATF).
Iran says the global rating agency Fitch has recently visited the country in light of the growing interest of banks and businesses in its post-sanctions investment opportunities.
The Central Bank of Iran (CBI) says the country’s inflation rate has dropped to 9.7 percent.