Banking Cooperation

CBI governor:

Oil forex revenues to be used for necessity goods import

TEHRAN, Jan. 06 (MNA) – Governor of the Central Bank of Iran said Sat. that the foreign currency generated from oil revenues will be allocated to the import of necessity and strategic goods.

India exempts Iran oil imports from heavy taxes: Reuters

TEHRAN, Jan. 01 (MNA) – India’s finance ministry has exempted rupee payments made to the National Iranian Oil Co (NIOC) for crude oil imports from a steep withholding tax, according to a government order reviewed by Reuters.

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 governor to discuss banking ties with Turkish counterpart

TEHRAN, Dec. 20 (MNA) – Governor of Central Bank of Iran Abdolnaser Hemmati will hold a meeting with his Turkish counterpart on Thu. in Ankara to discuss ways to expand banking relations between the two sides.

China’s Bank of Kunlun to resume financial transactions with Iran tomorrow

TEHRAN, Dec. 09 (MNA) – According to the Vice-Chairman of Iran-China Chamber of Commerce, Bank of Kunlun will resume receiving payments from Iranian importers tomorrow.

Iran, China resume banking ties: source

TEHRAN, Dec. 08 (MNA) – An informed source at the Iran-China Chamber of Commerce said Sat. that Tehran and Beijing have resumed banking ties after an Iranian bank started to broker money transfer between the two countries.

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.

Banking official:

Major European bank keen on resuming coop. with Iran

TEHRAN, Dec. 02 (MNA) – An official working in Iran’s banking system said Sun. that the country has held several sessions with a major European bank during which the bank has voiced readiness to resume cooperation with Iran in the face of US sanctions.

Beijing planing to set up new banking system for financial, banking coop. with Tehran

TEHRAN, Oct. 29 (MNA) – With the possibility of cutting banking relationship between China’s Bank of Kunlun and Iranian traders, Beijing intends to launch a new banking system to continue financial and banking cooperation with the Islamic Republic of Iran.

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.

No Iranian bank accounts frozen in Oman: Official

TEHRAN, Oct. 26 (MNA) – The Iran-Oman Chamber of Commerce has dismissed the rumors circulating in social media that some Iranian bank accounts have been blocked in Oman.

Kish INVEX 2018 kicks off in Kish Island

TEHRAN, Oct. 22 (MNA) – The 5th edition of Kish INVEX which displays opportunities in Iran’s capital market, banking and insurance opened today in Kish Island.

Iran, Pakistan to broaden trade-economic coop.

TEHRAN, Oct. 13 (MNA) – In a meeting held between Consulate General of the Islamic Republic of Iran in Peshawar with ruler of Pakistan’s Khyber Pakhtunkhwa province, the two sides emphasized on deepening and enhancing bilateral relationship in all areas especially trade and economic field.

India to continue purchasing oil from Iran

TEHRAN, Sep. 27 (MNA) – In a meeting with Iranian Foreign Minister Mohammad Javad Zarif, Indian Foreign Minister Sushma Swaraj stressed that her country will continue purchasing oil from Iran.

Europe seeks to establish banking system with Iran

TEHRAN, Sep. 08 (MNA) – The Chair of the European parliament's group for relations with Iran has said that the European countries are looking for an independent financial system for banking cooperation with Iran.

UniCredit CEO expects to reach agreement with US over Iran by year-end

TEHRAN, Aug. 08 (MNA) – Italy’s biggest bank UniCredit expects to reach a deal with the United States in a dispute over alleged sanctions violations in Iran in the coming months, its CEO said on Tuesday.

India consents to Iran bank establishment in Mumbai before US sanctions

TEHRAN, Jul. 14 (MNA) – India’s Finance Ministry has announced that there is no objection to allowing the Iranian private lender Bank Pasargad to open its branch in Mumbai and the Iranian bank’s proposal has been approved.

Japan’s biggest bank to halt Iran-related transactions

TEHRAN, Jul. 12 (MNA) – Mitsubishi UFJ Financial Group Inc (MUFG), which is considered the biggest bank of Japan, will stop all transactions related to Iran in compliance with the re-imposing of US sanctions against Tehran, Reuters reported on Thursday.

Swiss bank BCP halts all new business with Iran: Reuters

TEHRAN, May 30 (MNA) – The Swiss BCP bank said on Tuesday that it has suspended new transactions with Iran after the US withdrawal from the nuclear deal.

Oil giant Total says EU efforts to keep company in Iran futile

TEHRAN, May 26 (MNA) – According to Total President and CEO Patrick Pouyanne, it is impossible to keep giants in Iran as big companies need to work with American banking system and Europe is unable to solve the problem.

Some bank accounts of Iranians in Georgia blocked

TEHRAN, May 21 (MNA) – The chairwoman of Iran-Georgia chambers of Commerce and Industry has said that some bank accounts of Iranians in Georgia have been closed, adding that the embassy is pursuing the issue.

CBI governor says European central banks still in touch with Tehran

TEHRAN, May 20 (MNA) – Valiollah Seif, the Governor of the Central Bank of Iran said on Sunday that despite US withdrawal from the nuclear deal, Europeans are trying to keep Iran in the deal and compensate for the damages caused by Americans, as they have kept their central banks in touch with Iran.

Croatian economy min.:

Removing banking barriers with Iran, priority of Europe’s private banks

TEHRAN, May 18 (MNA) – Croatian Minister of Economy Martina Dalić said that transfer of money to Iran is not prohibited within the framework of EU rules and regulations.

Iran, Bulgaria to establish direct banking relations

TEHRAN, May 13 (MNA) – Iran's Minister of Economic Affairs and Finance Masoud Karbasian told Emil Karanikolov, the Bulgarian Minister of Economy, Energy and Tourism, that the two countries should establish direct banking relations.

Deputy CBI governor:

Suitable condition prepared to attract FDI

TEHRAN, May 08 (MNA) – Deputy Governor of Central Bank of Iran (CBI) Akbar Komijani said that proper terms and conditions have been prepared in the country in the field of attracting Foreign Direct Investment (FDI).

Iran-Croatia banking relations re-opened: deputy eco. min.

TEHRAN, May. 08 (MNA) – Mohammad Khazaei, Iranian Deputy Economy Minister and President of the Organization for Investment, Economic and Technical Assistance of Iran said that Iran and Croatia have re-established normal banking relations.

CBI governor:

Iran, Croatia to boost banking relations

TEHRAN, May. 07 (MNA) – Governor of the Central Bank of Iran (CBI) Valiollah Seif said that banking ties between Iran and Croatia will be expanded.

Iran’s amb. to Pakistan:

Iran, Pakistan currency swap agreement to be launched soon

TEHRAN, May 04 (MNA) – Ambassador of the Islamic Republic of Iran to Pakistan Mehdi Honardoost has said that a currency swap deal and resumption of banking channels between Iran and Pakistan is under process.