+$2.3b of facilities paid to SMEs, semi-finished projects
Iran’s Ministry of Industry, Mining and Trade’s data show that 99.161 trillion rials (about $2.36 billion) has been paid to small and medium-sized enterprises (SMEs) and semi-finished industrial projects with an over 60 percent physical progress during the first two months of the current Iranian calendar year (March 21-May 21).
Banks finance over 27,000 SMEs in a year
Iranian banking system has provided 856.48 trillion rials (about $20.3 billion) of financial facilities to 27,084 small and medium-sized enterprises (SMEs) over the previous Iranian calendar year (ended on March 20), the Central Bank of Iran (CBI) announced.
President Sacks CBI Governor Over Presidential Candidacy
President Hassan Rouhani has dismissed the central bank governor, Abdolnaser Hemmati, one of the few moderates running in a June 18 presidential election, who said he accepted the decision that he must step aside at the bank in order to stand for president.
Iran Presses U.S for Guaranteed Relief From Banking Sanctions
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati has revealed that Iran is pressing the United States for a guaranteed relief from sanctions that have targeted the country’s entire banking system in recent years.
Lifting banking sanctions a must for nuclear negotiations to succeed: CBI
The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Saturday that guaranteed and conclusive lifting of sanctions against the country’s banking system is a priority for Iran in order for the nuclear talks to proceed.
IMF corrects estimate about Iran forex reserves: CBI
The International Monetary Fund (IMF) has corrected its wrong estimate about the amount of Iran’s foreign exchange reserves in an official note sent to the Central Bank of Iran (CBI), says a CBI statement.
Iran to join national crypto owners
The Central Bank of Iran (CBI) is to permit imports of goods into the country via domestically mined cryptocurrencies (rial-based ones); i.e., Iran will soon join the club of national cryptocurrency owners
Rouhani hails CBI efforts in face of sanctions
President Hassan Rouhani expressed gratitude to the Iranian authorities and people, especially the Central Bank of Iran, for their efforts to overcome the coronavirus pandemic in the face of US sanctions.
CBI Net Foreign Assets Rise 4.5%
Net foreign assets held by the Central Bank of Iran (CBI) at the end of the current Iranian calendar year’s second quarter (September 21, 2020) stood at 3.63 quadrillion rials (about $86.4 billion)
Iran Economic Growth Rate Becomes Positive Despite Sanctions
Governor of the Central Bank of Iran Abdolnaser Hemmati says the economic growth rate in Iran has become positive, both with and without oil revenues.