CBI

Iran, Syria sign agreement on banking cooperation

TEHRAN, Jan. 29 (MNA) – The Central Bank of Iran and Syria’s Central Bank signed a banking cooperation agreement on Tuesday with the aim of boosting cooperation and coordination between the two institutes.

Top council calls on media to counter plots against people’s hope on establishment

TEHRAN, Jan. 12 (MNA) – The Supreme Council of Economic Coordination was held on Saturday with President Hassan Rouhani as the chair and the Speaker of the Parliament attending.

CBI governor:

Lopping four zeros off rial to take about 2 years

TEHRAN, Jan. 07 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Mon. that removing four zeros off national currency ‘rial’ will take about two years.

CBI offers plan to cabinet to lop four zeros off rial

TEHRAN, Jan. 06 (MNA) – The Governor of the Central Bank of Iran (CBI) said Sun. a bill to slice four zeros off the national currency 'the rial' has been offered to the cabinet, expressing hope that the bill would be approved and put into force soon.

CBI seeks to slice four zeros off currency: Hemmati

TEHRAN, Jan. 06 (MNA) – The Central Bank of Iran (CBI) is looking to take four zeros off the national currency in a bid to curb the rising tide of liquidity and help the rial regain part of its lost value, an MP quoted the CBI governor as saying on Sunday.

Iran, India prepare mechanism for banking transactions

TEHRAN, Jan. 01 (MNA) – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati met with the India’s Ambassador to Iran Saurabh Kumar to discuss the latest developments in bilateral banking and trade relations.

Banking transactions between Iran, Syria to be facilitated

TEHRAN, Dec. 31 (MNA) – In a meeting with Syrian Minister of Economy and Foreign Trade Mohammad Samer al-Khalil held this morning on Mon. Dec. 31 in Tehran, Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati emphasized on broadening and enhancing banking ties between the two countries based on economic cooperation agreement inked in this respect.

CBI reports measures taken for controlling forex market to top authorities

TEHRAN, Dec. 23 (MNA) – The Central Bank of Iran (CBI) reported the measures it has taken so far for controlling foreign exchange market to the Supreme Council of Economic Coordination, chaired by President Rouhani.

CBI calls on banks, exchange shops to buy ordinary people’s dollars

TEHRAN, Dec. 12 (MNA) – As the prices of foreign currencies against that Iranian rial continued to fall on Wednesday, the Central Bank of Iran (CBI) called on state banks and exchange shops to buy the US dollars that people offered to sell in the free market to avoid further depreciation of their properties.

CBI governor:

Iran opens financial channels with some countries

TEHRAN, Dec. 11 (MNA) – Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said Tue. that Iran has opened financial channels with a number of countries, ditching dollars in trade transactions with them.

Iran, China discuss ways to enhance banking ties

TEHRAN, Dec. 04 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati and Chinese Ambassador to Iran Pang Sen held a meeting on Tuesday in Tehran, conferring on ways to boost banking relations.

Iran Central Bank chief says foreign currencies’ prices to decline further

TEHRAN, Nov. 28 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said Wed. that the declining trend of the foreign currencies’ prices against Iranian rial will continue as the Iranian exporters increase their forex supplies to official market.

Iran’s foreign debt drops by 9% in 1st six months: CBI

TEHRAN, Nov. 26 (MNA) – Central Bank of Iran (CBI) said that Iran’s total foreign debts decreased nine percent in the first six months of the current year (March 21 – Sept. 21), showing a significant slump as compared to the same period last year.

Central bank’s policies to fight money laundering approved

TEHRAN, Nov. 24 (MNA) – Supreme Council of Economic Coordination chaired by President Rouhani approved Iranian Central Bank’s suggestions to have more transparent banking transactions and to fight against money laundering more effectively.

CBI:

SWIFT has no role in keeping accounts, currency settlement

TEHRAN, Nov. 13 (MNA) – Central Bank of Iran (CBI) in its latest report said that Society for Worldwide Interbank Financial Telecommunication (SWIFT) does not have any role in keeping accounts and settlement of currency.

CBI to issue new foreign exchange directive for exports

TEHRAN, Nov. 10 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced that a new foreign exchange directive for exports will be introduced in the near future.

Iranian banks ready to get around sanctions: CBI governor

TEHRAN, Nov. 06 (MNA) – Governor of the Central Bank of Iran (CBI) said Tuesday that Iran’s banking system is ready to bypass US sanctions and neutralize their pressures.

CBI governor:

US fails in fully sanctioning Iranian oil

TEHRAN, Nov. 03 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said that the United States failed in sanctioning Iranian oil.

CBI becomes 2nd vice chairman of Group 24

TEHRAN, Nov. 02 (MNA) – Central Bank of Iran (CBI) was appointed as the second vice chairman of the Group 24, the Public Relations Dept. of the bank announced.

Iran central bank says inflation rate rose to 15.9% during 1st month of fall

TEHRAN, Oct. 27 (MNA) – The Central Bank of Iran (CBI) has announced that the inflation rate for the 12 month leading to the start of fall rose to 15.9% compared to the same period last year.

Iran, Afghanistan hold talks on easing foreign currency return

TEHRAN, Oct. 27 (MNA) – Iran and Afghanistan have held talks to build banking ties and expand commerce between the two countries, with a focus on facilitating the return of foreign currency from exports into the Islamic Republic.

CBI governor:

EU payments channel for Iran to act as monetary agreement

TEHRAN, Oct. 27 (MNA) – Governor of Central Bank of Iran (CBI) said Fri. that the EU’s financial mechanism to ease trade transactions with Iran will act as a bilateral monetary agreement, allowing exporters to receive their foreign exchange earnings through it.

MCC:

MCC approves regulations on establishing representation offices of foreign banks in Iran

TEHRAN, Oct. 19 (MNA) – Money and Credit Council (MCC) in its latest session, held at the venue of the Central Bank of Iran (CBI), approved the regulations on ‘instruction of the way of establishing, monitoring, supervising and closing branch offices of foreign banks in Iran’ in 79 articles and 22 notes.

CBI attempts to quit SWIFT before Nov. 4

TEHRAN, Oct. 17 (MNA) – An informed source in the Central Bank of Iran (CBI) revealed the efforts are taken by the Central Bank of Iran (CBI) to quit from SWIFT (Society for Worldwide Inter-bank Financial Telecommunication) and transfer global inter-bank financial messaging system to other system before reimposition of US sanctions on Iran to take effect on Nov. 4.

Iran to reform banking system, gives Central Bank necessary permits

TEHRAN, Oct. 13 (MNA) – The Supreme Council of Economic Coordination convened on Sat. in a session chaired by President Rouhani where members discussed and approved the authorities of the Central Bank of Iran for implementing the Banking System Reform Plan.

Rome appeal court rejects US request to seize $5 bn worth of Iran’s assets

TEHRAN, Oct. 10 (MNA) – Head of Iran's Presidential Center for International Legal Affairs Mohsen Mohebi said Wed. that Rome court of appeal has rejected a US request to seize $ 5 bn worth of Iran’s assets.

CBI puts liquidity growth rate at 3.4% in Q1

TEHRAN, Oct. 10 (MNA) – According to economic indicators of the Central Bank of Iran (CBI), the country’s liquidity growth rate in the first three months of the current Iranian year (March 21-June 21) stood at 3.4 percent.