Banking Cooperation

Effective measures taken to counter sanctions: top banker

TEHRAN, Nov. 25 (MNA) – Governor of the Central Bank of Iran (CBI) Mohammad-Reza Farzin has said that substantial and significant measures concerning banking issues have been taken to counter the unjust sanctions imposed on Iran.

Russia’s Mir payment system to be connected to Iran’s Shetab

TEHRAN, Nov. 11 (MNA) – The Central Bank of Iran (CBI) says Russia’s Mir payment network will be connected to Iran’s Shetab banking network system as the two countries boost their financial cooperation.

On sidelines of BRICS meeting:

Top Iranian, Russian bankers hold talks in Moscow

TEHRAN, Oct. 11 (MNA) – Governor of the Central Bank of Iran Mohammadreza Farzin met and held talks with his Russian counterpart Elvira Nabiullina in Moscow on the sidelines of meeting of central banks’ governors of BRICS member states.

Top Iran, Turkey bankers stress boosting monetary cooperation

TEHRAN, Sep. 30 (MNA) – The governors of central banks of Iran (CBI) and Turkey emphasized the need to enhance mutual ties in banking field on the sidelines of 6th meeting of governors of the central banks of the Organization of Islamic Cooperation.

Russian official:

BRICS bank needs to create independent payment system

TEHRAN, Sep. 01 (MNA) – The New Development Bank created by BRICS states faces the task of creating an independent system of payments to prevent the adverse effect from third countries on their finances, the Russian deputy finance minister said.

CBI chief leaves for Bangalore to partake in DPI Summit

TEHRAN, Aug. 25 (MNA) – The governor of the Central Bank of Iran (CBI) left Tehran for Bangalore, India, to participate in the Global Digital Public Infrastructure (DPI).

Russian ATMs to start accepting Iranian bank cards: CBI

TEHRAN, Jul. 07 (MNA) – Iranian banking cards will be acceptable to automated teller machines (ATMs) in Russia in late August as part of banking agreements that was finalized between the two countries earlier this week.

CBI governor:

Iran, Russia finalize integration of national payment systems

TEHRAN, Jul. 06 (MNA) – Tehran and Moscow have finalized integration of Russia’s Mir and Iran’s Shetab payment systems, the governor of the Central Bank of Iran (CBI) announced.

Iran, Russia emphasize boosting financial-banking cooperation

TEHRAN, Jul. 05 (MNA) – The top bankers from Iran and Russia stressed the need to expand banking and financial cooperation.

Iran, Russia discuss banking, financial cooperation

TEHRAN, Mar. 29 (MNA) – Iranian Ambassador to Russia Kazem Jalali met and held talks with Elvira Sakhipzadovna Nabiullina current head of the Central Bank of Russia.

Tehran, Moscow officially ditch dollar in mutual trade

TEHRAN, Jan. 01 (MNA) – Iran and Russia have officially abandoned the American Greenback for mutual settlements after the two countries finalized an agreement to trade in the ruble and the rial.

Iran, Russia to sign national currency deal in first quarter

TEHRAN, Dec. 29 (MNA) – Iran and Russia will sign a deal to trade in their national currencies instead of the US dollar in the first quarter of 2024, Iranian Central Bank governor Mohammad Reza Farzin stated on Thursday.

Iran, Russia stress cooperation in banking-monetary sector

TEHRAN, Dec. 27 (MNA) – Moscow opened a Letter of Credit (L/C), valued at 6.5 billion rubles, for Iran to import basic commodities from Russia following a visit by the governor of the Central Bank of Iran (CBI) to Moscow.

1st Iranian bank to start operation in Syria soon: Farzin

TEHRAN, Nov. 28 (MNA) – The governor of the Central Bank of Iran (CBI) Mohammad Reza Farzin met with his Syrian counterpart telling him that the first Iranian bank in the Arab country will be launched in the near future.

CBI chief says banking talks with S. Arabia underway

TEHRAN, Nov. 22 (MNA) – The governor of the Central Bank of Iran Mohammad Reza Farzin said that talks with Saudi banking officials are underway to expand bilateral economic relations.

Iran central bank dep. governor goes to S. Arabia for talks

TEHRAN, Nov. 14 (MNA) – A senior official of the Central Bank of Iran (CBI) has traveled to Saudi Arabia to hold talks on the expansion of banking ties between the two countries.

Iran, Qatar agree to use freed funds through SWIFT, LCs

TEHRAN, Oct. 13 (MNA) – The governors of the central banks of Iran and Qatar agreed to use $6 bllion freed Iranian funds through SWIFT and Letter of credit (LC).

Iran, Qatar discuss increasing banking relations

TEHRAN, Sep. 27 (MNA) – The governor of the Central Bank of Iran Mohammad Reza Farzin met with Qatar's Prime Minister to stress the potential to increase relations between the two countries in different trade, financial, and banking fields.

Iran, Egypt mull over expanding banking cooperation

TEHRAN, Sep. 25 (MNA) – Iran's Minister of Economic Affairs and Finance discussed the expansion of Tehran-Cairo banking ties with the Egyptian Minister of Finance. 

Russia’s largest bank launches new services in Iran

TEHRAN, Sep. 08 (MNA) – Russia’s largest lender, SBERBANK, is presenting a new service that allows its clients to transfer money to the Islamic Republic of Iran, the bank announced on Thursday.

Safari:

Iran already submitted request to join BRICS Bank

TEHRAN, Aug. 29 (MNA) – Iranian Deputy Minister of Foreign Affairs for Economic Diplomacy said that Iran has submitted its request to become a member of the BRICS Bank.

New Development Bank president to visit Iran in near future

TEHRAN, Aug. 26 (MNA) – President of the New Development Bank (NDB) Dilma Rousseff says that she will pay a visit to Tehran in the near future.

Iran speaker calls for stepped-up economic ties with Malaysia

TEHRAN, Aug. 22 (MNA) – The Iranian parliament speaker told the visiting Malaysian foreign minister that under oppressive sanctions, Iran seeks to expand bilateral economic and banking ties with other countries without using the US dollar.

Iran plans to launch offshore bank to facilitate investment

TEHRAN, Aug. 19 (MNA) – The Iranian economy minister said Saturday that preliminary steps were taken to establish an offshore bank as a way to attract foreign investment.

All Iranian money blocked in South Korea freed: CBI chief

TEHRAN, Aug. 12 (MNA) – Governor of the Central Bank of Iran (CBI) said Saturday that all Iranian money frozen in South Korea was released and will be transferred to accounts of Iranian banks in Qatar soon.

CBI chief stresses stepped-up banking ties with Sri Lanka

TEHRAN, Aug. 06 (MNA) – The Governor of the Central Bank of Iran (CBI) stressed Sunday that the development of monetary and banking relations between Iran and Sri Lanka is necessary for the expansion of bilateral economic relations.

Joint Iran-Syria bank, insurance company launched: minister

TEHRAN, Aug. 01 (MNA) – The Iranian economy minister said Tuesday that the joint Iran-Syria bank and insurance company have started working to boost economic and trade ties between the two nations.

Kharrazi:

US tries to undermine Iran-Iraq economic relations

TEHRAN, Jul. 31 (MNA) – Head of Iran's Foreign Policy Strategic Council Kamal Kharrazi said that the United States pressures aimed at hindering Iraqi economic ties with Iran only adds to the suffering of the Iraqi people.

EU considering compromise with Russia on SWIFT: report

TEHRAN, Jul. 03 (MNA) – The EU is considering a proposal to reconnect a sanctioned Russian bank to the SWIFT global financial network in a bid to rescue the Black Sea grain deal, the western media reported on Monday,

Iran top banker in Doha to step up monetary cooperation

TEHRAN, Jun. 14 (MNA) – The governor of the Central Bank of Iran Mohammad Reza Farzin arrived in Qatar on Wednesday to discuss ways to expand banking relations between the two neighbors.