Banking Transactions

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.

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 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.

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.

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.

Yemen says won’t transfer oil revenues to Saudi bank

TEHRAN, Jul. 23 (MNA) – Sana’a has rejected a proposal by Riyadh to transfer oil and gas revenues to the Saudi National Bank in return for the kingdom to pay public sector wages in Yemen.

Iran, Russia central banks stress using local currencies

TEHRAN, May 23 (MNA) – The governors of the Central Bank of the Islamic Republic of Iran and the Russian Federation emphasized strengthening trade exchanges and using the local currencies in bilateral trade.

Iran’s $7bn frozen assets to be released

TEHRAN, Oct. 02 (MNA) – With the finalization of talks between Islamic Republic of Iran and the United States to free prisoners of the two countries at the same time, the $7 billion worth of country’s blocked assets will be released.

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.

$7bn Iranian frozen assets to be released

TEHRAN, Apr. 07 (MNA) – According to the agreement reached with some countries as contract party with Iran, $7 billion of Iran's frozen assets would be transferred to Iran's accounts through banking network.

US bank warns of potential $1 b loss from Russia exposure

TEHRAN, Apr. 04 (MNA) – JPMorgan boss Jamie Dimon warned on Monday that the bank could lose about $1 billion on its Russia exposure resulting from the conflict in Ukraine.

Tehran, Moscow mulling over to recognize MIR banking system

TEHRAN, Mar. 24 (MNA) – Iran's ambassador to Russia says Tehran and Moscow are discussing the recognition of "MIR" interbank system.