international banking

Indonesia eyes strong banking ties with Iran: President Joko Widodo

Indonesian President Joko Widodo expressed the Southeast Asian country’s keenness to develop closer banking and trade relations with Iran.

Financial Markets

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 criticizes US for blocking trade ties

Iran has refreshed criticisms against the US for failing to facilitate international trade with the country as required by a nuclear deal sealed last year.

Financial Markets

US vowed not to punish EU banks over Iran: Zarif

Iran says the United States has pledged not to punish European banks that facilitate transactions with it.

Financial Markets

Iran, Pakistan agree to ditch dollar

Iran and Pakistan have signed an agreement to re-establish banking relationship and carry out trade transactions in local currencies.

Financial Markets

Iran officially announces access to MasterCard

Iran’s Ministry of Information and Communications Technology Mahmoud Vaezi says the country has accessed to credit card services processed by global payment operator MasterCard for the first time.

Financial Markets

WB says $30bn of Iran’s assets unfrozen

The World Bank says a landmark nuclear deal that Iran signed with the P5+1 last year has already enabled the country to gain access to as much as $30 billion of its assets that had been frozen as a result of the sanctions.

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