Banking Cooperation

Iran, Russia remove dollar, replace ruble for transactions

TEHRAN, Jul. 26 (MNA) – Saying that the dollar has been removed from commercial transactions between Iran and Russia, Iran's Minister of Finance and Economic Affairs added that the ruble has entered the trade transactions between two countries.

Lawmaker:

Expanding Iran-Russia banking coop. to neutralize sanctions

TEHRAN, Jul. 16 (MNA) – The Vice Chairman of Plan and Budget Commission of Iranian Parliament said that the expansion of economic, monetary and banking ties between Iran and Russia is an important measure to neutralize economic and banking sanctions.

CBI governor:

Iran-Russia monetary-banking MoUs to put into effect soon

TEHRAN, Jul. 09 (MNA) – Referring to political will of two countries of Iran and Russia for developing economic ties, Governor of Central Bank of Iran said that monetary and banking Memoranda of Understanding will be put into operation soon.

Tehran, Moscosw agree to boost banking, monetary coop.

TEHRAN, Jul. 08 (MNA) – Russian and Iranian central banks have agreed to broaden banking and monetary collaborations, Governor of the Central Bank of Iran (CBI) Ali Salehabadi said.

Iran, Russia emphasize enhancing trade-economic relations

TEHRAN, Jul. 01 (MNA) – Islamic Republic of Iran and Russian Federation stressed the need to increase bilateral relations in the fields of trade and economy.

TPO head:

Iran, Russia central banks hold serious talks to cooperate

TEHRAN, Jun. 17 (MNA) – Head of Iran’s Trade Promotion Organization (TPO) Alireza Peymanpak said on a Russia visit Friday that the central banks of Iran and Russia are holding serious talks to discuss cooperation amid sanctions on both nations.

Iran, Iraq officials discuss enhancing coop. in banking field

TEHRAN, Jun. 06 (MNA) – Governor of Iraq's Central Bank held talks with Iranian Ambassador to Baghdad on Monday to discuss various issues including banking cooperation and also paying back Iraq’s debt for gas imports.

Boosting banking coop. to facilitate Iran-Qatar trade ties

TEHRAN, May 12 (MNA) – The development of banking and trade relations between Iran and Qatar can help facilitate relations between traders and investors of the two countries, Iranian First Vice President told the Emir of Qatar in Tehran.

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.