Central Bank of Iran

Iran, Russia moving closer to integrating banking systems

Fresh indications have appeared that show Iran and Russia are moving closer to an ambitious plan to integrate their banking systems – a strategy both hope would make them immune to the financial sanctions of the United States in the future.

Financial Markets

Central Bank of Iran to boost transparency among state-owned enterprises

To finalize the process of transferring the bank accounts of state-owned enterprises to the Central Bank of Iran to boost transparency, the regulator has issued a directive setting a deadline of three months for all the accounts to be moved.

Financial Markets

World Bank reports major drop in Iran’s debts

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.

Macro Economy

CBI chief urges close banking ties between Iran, Afghanistan

Governor of Central Bank of Iran (CBI) called for efforts to boost banking cooperation between Iran and Afghanistan.

Transportation

Oman, South Korea, India to open bank branches in Iran

Iran says three foreign banks are in the process of opening branches in Iran.

Financial Markets

​Iran introduces own credit cards

Iran has introduced credit cards for the first time in what appears to be a plan to encourage spending by the public.

Financial Markets

CBI to protect clients’ banking info in FATF exchange

The Central Bank of Iran (CBI) has vowed to protect people’s banking information in transactions with the Financial Action Task Force (FATF).

Financial Markets

Fitch studying Iran as businesses rush in

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.

Macro Economy

Iran inflation rate hits single digits: CBI

The Central Bank of Iran (CBI) says the country’s inflation rate has dropped to 9.7 percent.

Macro Economy