Banking Cooperation

Iran opens trade center in Istanbul to boost its businesses

TEHRAN, Oct. 20 (MNA) – The head of Iran's Trade Promotion Organization (TPO) Alireza Peyman-Pak reported on Wednesday the opening of the trade center of the Islamic Republic of Iran in Istanbul, Turkey.

Tehran, Moscow ink roadmap for banking, financial coop.

TEHRAN, Sep. 18 (MNA) – In the ninth meeting of Iran- Russia joint working group on banking and financial cooperation, the two sides stressed the continuation and development of cooperation.

CBI launches legal campaign against Bahrain to restore assets

TEHRAN, Aug. 03 (MNA) – The Central Bank of Iran (CBI) has invoked a previously signed agreement between Iran and Bahrain to retrieve investments it did in the tiny Kingdom in 2004.

World Bank signs loan agreement with Uzbekistan

TEHRAN, May 18 (MNA) – Uzbekistan and the World Bank have signed a $239 million loan agreement.

Russian bank in talks with Iran to boost currency exchanges

TEHRAN, Jan. 27 (MNA) – Referring to the growth of Iran-Russia trade relations despite the sanctions, the head of the Russian Embassy's Trade Representation said a Russian bank was in Tehran last week to expand monetary exchanges with the country.

Tehran, Muscat underline expansion of banking ties

TEHRAN, Jan. 26 (MNA) – During the meeting between the Governor of the Central Bank of Iran (CBI) and the Foreign Minister of Oman, the development of economic and banking relations between the two countries was emphasized.

S. Korea puts Iranain frozen assets at $9.2bn

TEHRAN, Jan. 05 (MNA) – Iranian funds frozen at South Korean banks under US sanctions hovers around 10 trillion won (US$9.2 billion), South Korea says.

Iranian Energy Min. meets Iraqi Central Bank Governor

TEHRAN, Dec. 29 (MNA) – Iranian Energy Minister Reza Ardakanian met and held talks with the Governor of the Central Bank of Iraq, Mustafa Ghalib Makhif in Baghdad on Tuesday.

Removing banking barrier activates Iran-Iraq border capacity

TEHRAN, Oct. 26 (MNA) – First Deputy Speaker of the Iranian Parliament said that removal of banking barrier will activate border capacities between Islamic Republic of Iran and Iraq.

Iraqi CBI Gov. :

Baghdad keen on boosting financial coop. with Tehran

TEHRAN, Oct. 12 (MNA) – In a meeting with his Iranian counterpart, the governor of the Central Bank of Iraq said, “Iraq is trying to improve banking cooperation with Iran via adopting some mechanisms in order to resolve the current banking issues."

Indian bank eyes non-oil imports from Iran to sustain rupee-rial trade

TEHRAN, Jun. 27 (MNA) – India’s UCO Bank is exploring the avenues to keep the rupee payment mechanism with Iran alive, amid the challenges made by the US' unilateral sanctions.

Capital of Iran-Venezuela Bi-National Bank to increase: official

TEHRAN, Jun. 01 (MNA) – The capital of Iran-Venezuela Bi-National Bank will increase by $66.7 million.

Iranians faced with abrupt closures of their accounts in Italy

TEHRAN, Feb. 14 (MNA) – Due to US sanctions, some Italian banks have reportedly closed or imposed restrictions on accounts held by Iranian citizens.

‘Iran, Oman can fulfill $5 billion bilateral trade volume by 2020’

TEHRAN, Dec. 08 (MNA) – Gholamhossein Shafei, the chairman of Iran's Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) met and talked with his Omani counterpart in Tehran on Sunday afternoon.

Germany does not support US' 'maximum pressure' policy on Iran: FM spox

TEHRAN, Nov. 27 (MNA) – Germany does not support US' 'maximum pressure' policy on Iran and keeps making efforts to preserve Iran nuclear deal instead, according to a statement by the Foreign Ministry's spokesman, Rainer Breul, on Wednesday.

International banking, insurance expo underway on Kish Island

TEHRAN, Nov. 19 (MNA) – The 6th International Exhibition of Exchange, Banking, Insurance and Privatization (Kish Invex 2019) opened on the southern Iranian island of Kish on Monday.

Turkey's Halkbank to dismiss indictment for helping Iran skirt US sanctions

TEHRAN, Nov. 05 (MNA) – Turkish Halkbank, which has been charged by the US prosecutors with helping Iran evade sanctions, announced that it will seek to dismiss the case.

Kish Island to host intl. banking, insurance exhibition

TEHRAN, Nov. 01 (MNA) – The sixth edition of Kish International Exhibition of Exchange, Banking, Insurance and Privatization and the 11th International Exhibition for Presenting Iran’s Investment Opportunities, will be held in November under the title of Kish Invex 2019.

Iranians in Malaysia facing banking problems due to US 'economic terrorism' : Mousavi

TEHRAN, Oct. 31 (MNA) – The Spokesperson of Iranian foreign ministry slammed the US for imposing economic embargo which has caused banking problems for Iranian nationals living in Malaysia.

By: Mahnaz Abdi

Banking system reform: improving or interrupting?

TEHRAN, Oct. 11 (MNA) – Last week, Iranian Finance and Economic Affairs Minister Farhad Dejpasand announced that a plan for reforming the country’s banking system has been prepared by the ministry and handed over to President Rouhani in late September.

Iran’s top banker meets with Kuwaiti, Qatari counterparts

TEHRAN, Sep. 25 (MNA) – The governor of Central Bank of Iran (CBI) met and held talks with his Kuwaiti and Qatari counterparts in Kuwaiti capital on Wednesday.

CBI governor:

Foreign countries keen on establishing banking ties with Iran despite US sanctions

TEHRAN, Sep. 24 (MNA) – Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said that foreign countries are interested in establishing banking relationships with the Islamic Republic of Iran in spite of US sanctions.

Iran-Russia banking ties not to be affected by US sanctions: Moscow

TEHRAN, Sep. 21 (MNA) – US sanctions against the central bank of Iran will not affect Russian businesses in that country, Russian Special Presidential Representative for Afghanistan, head of the Asian department of Russia’s Foreign Ministry, Zamir Kabulov said on Friday.

Iran, Turkey investigating trade via national currencies: CBI gov.

TEHRAN, Sep. 16 (MNA) – Governor of the Central Bank of Iran (CBI) said on Monday that during the meeting held between Presidents of Iran and Turkey on the same day in Ankara, the two sides focused on expansion of trade and banking ties besides doing monetary transactions via Rial or Lira.

Iran to open bank branch in India to boost trade: report

TEHRAN, Aug. 30 (MNA) – Iran will reportedly open a branch of its Bank Pasargad in India in the next 2-3 months to help boost trade between the two nations to bypass the US unilateral economic sanctions which have blocked international banking channels.

Iran-Japan's special financial mechanism to be defined: Iranian amb.

TEHRAN, Aug. 27 (MNA) – Iranian Ambassador to Tokyo Morteza Rahmani Movahed announced on Tuesday that to increase economic ties between Iran and Japan, efforts are made to define a special mechanism to facilitate financial transactions between the two sides.

Iran, Armenia keen on boosting banking ties

TEHRAN, Aug. 27 (MNA) – Iranian and Armenian officials met in Yerevan on Tuesday to explore the ways to boost bilateral economic ties, including the banking transactions.

Iranian, Russian banking systems to get linked: Russian envoy  

TEHRAN, Aug. 25 (MNA) – Russia’ Ambassador to Iran Levan Dzhagaryan informed on Sunday that banking systems of Russia and Iran will be get connected in near future.

Iran, Russia to boost banking coop.

TEHRAN, Aug. 15 (MNA) –Russian Ambassador to Iran Levan Dzhagaryan said banking cooperation between Iran and Russia will increase in near future.

Rouhani to Macron:

Oil, banking relations Iran's rights incorporated in JCPOA

TEHRAN, Aug. 06 (MNA) – The Iranian and French presidents have called for continuation of bilateral consultations to find ways to reduce tensions in the region and secure Iran’s interests as incorporated in the JCPOA.