Chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari called for developing and broadening banking relationship between Islamic Republic of Iran and Croatia. He urged merchants and traders of the two countries for setting up joint venture (JV) investment companies. In his meeting with Croatian economic authorities, Khansari reiterated, “Iran Chamber […]

Iranian Foreign Minister Mohammad Javad Zarif said that European banks are seeking a banking solution with the Islamic Republic of Iran. He went on to say that European countries are trying to solve banking problem with the Islamic Republic of Iran and have considered alternatives for this purpose. Turning to the US stonewalling measures taken […]

During the talks with Iran’s president, India’s Prime Minister announced that an Iranian private bank would be licensed to open a branch in India. Majid Ghasemi, the managing director of Bank Pasargad was a member of Iranian delegation who were accompanying the Iranian president in the meeting with Narendra Modi in New Delhi a couple […]

TEHRAN – In his meeting with the Norwegian Ambassador to the Islamic Republic of Iran Lars Nordrum on Saturday, Minister of Energy Reza Ardakanian revealed the expansion of cooperation between Iran and Norway in the field of renewable energies. Turning to the age-old relationship between Iran and Norway, dating back to 100 years ago, the […]

TEHRAN– Iranian Minister of Economic Affairs and Finance, Masoud Karbasian reassured that three Russian banks will provide Iranians with needed banking services, finance, and credit. “Fortunately we have brokered agreements with Russians and three Russian banks will open credit lines for Iran,” said Iranian Minister of Economic Affairs and Finance, Masoud Karbasian. The Iranian official […]

TEHRAN – Deputy Governor of the Central Bank of Iran (CBI) Akbar Komijani pointed to the transition from arduous sanctions period and said, “in sanctions period, the country’s banking ties with the outside world was disconnected.” After the implementation of Joint Comprehensive Plan of Action (JCPOA), the official title of nuclear deal, most of foreign […]

TEHRAN – Bank Sepah of Iran denied a report by an Israeli paper that Germany has imposed a credit ban on its branch in Frankfurt, saying the Iranian bank, by contrast, is enhancing its activities in Germany. In comments on Saturday, head of the international affairs department of Bank Sepah, Amir Hosseini, dismissed reports about […]

TEHRAN – A member of Iran’s Money and Credit Council attributed major global banks’ reluctance to build banking links with Iran to the US government’s intimidating policies and obstructionism. Conditions are not still set for Iranian banks to make connection with the world’s top banks, Bahman Abdollahi, member of the highest policy-making body in the […]

TEHRAN  – Iranian Deputy Foreign Minister for American and European Affairs Majid Takht Ravanchi said European countries have not made enough efforts to persuade their banks work with Iran. Addressing a conference in the French capital of Paris on Tuesday, Takht Ravanchi stressed the need for the European parties to the 2015 nuclear deal, known […]

Iraq’s Supreme Federal Court has ruled that no region or province could secede from the homeland after an unconstitutional Kurdish referendum that ended in failure but brought the country to the brink of a new crisis.  The court said it took the decision on Monday in response to a government request to put an end […]