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Shift in U.S. Policy May Affect UCO Bank Cooperation With Iran 10 Nov 2020

Shift in U.S. Policy May Affect UCO Bank Cooperation With Iran

Vice President of India-Iran Chamber of Commerce Parham Rezaei believes that change in the U.S. political policy regarding Iran will affect the cooperation of Indian UCO Bank with Iran.

Over 510,000 Jobs Created in Free and Special Economic Zones 24 Aug 2020

Over 510,000 Jobs Created in Free and Special Economic Zones

Secretary of Iranian Free Zones High Council Morteza Bank in a TV program on the occasion of the Government Week said some 510,000 jobs have been created

CBI Urges Exporters to Repatriate Hard Currency Earnings 07 Jul 2020

CBI Urges Exporters to Repatriate Hard Currency Earnings

Iran's Central Bank Governor Abdolnaser Hemmati on Sunday said exporters who have not transferred their foreign currency earnings to the government FOREX system will be summoned for explanations.

Iran Asks IMF for $5b in Emergency Funding 13 Mar 2020

Iran Asks IMF for $5b in Emergency Funding

The Central Bank of Iran has asked the International Monetary Fund (IMF) for $5 billion emergency funding to fight a coronavirus pandemic as the number of infections keeps growing in the country.

Banks at risk of losing fee-based revenues 11 Mar 2020

Banks at risk of losing fee-based revenues

Major banks are at risk of losing billions of dollars of fee-based retail revenue as they face increased regulatory pressure and growing competition from new entrants offering no-fee services.

EU Slaps Down UK Calls for Permanent Banking ‘Equivalence’ 11 Feb 2020

EU Slaps Down UK Calls for Permanent Banking ‘Equivalence’

The European Union swiftly rebuffed calls from the UK government that London’s financial services firms should enjoy continued access to the single market even if the country breaks away from the bloc’s rules after Brexit.

Iran’s Forex Policy Unaffected by French Offer of Credit Line: Top Banker 04 Sep 2019

Iran’s Forex Policy Unaffected by French Offer of Credit Line: Top Banker

Governor of the Central Bank of Iran said efforts to supply foreign currency resources are in progress irrespective of a French proposal for the launch of a $15 billion credit line for oil purchases from Iran.

america’s top 50 banks thrifts 2018 22 May 2019

america’s top 50 banks thrifts 2018

Turkey proposes setting up joint bank with Iran 17 Sep 2018

Turkey proposes setting up joint bank with Iran

 Turkey has proposed establishing a joint bank with Iran for facilitating trade between the two countries, IRNA reported citing an article published in the Turkish newspaper “Dünya”. “Establishing a joint bank through which the two sides could conduct bilateral trade and businesses without the need for U.S. dollar would be the final step for developing […]

Ex-CBI Chief under Investigation over Corruption Case: Judiciary 09 Sep 2018

Ex-CBI Chief under Investigation over Corruption Case: Judiciary

The Iranian Judiciary is investigating the former governor of the Central Bank of Iran (CBI) over recent economic corruption cases, the Judiciary’s Spokesman Gholam Hossein Mohseni Ejei announced. Speaking at a televised program on Saturday night, Ejei said some government officials have been investigated for possible involvement in the recent financial corruption cases. Regarding the disruptions to […]