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Electronic Payment Co. Invests in Online Taxi Firm

7 March 2019 - 19:15
In return for an 8.5% stake in online taxi company TAP30, Saman Electronic Payment (SEP), affiliated to Bank Saman, has invested an undisclosed amount in the ride-hailing firm.

Tehran to Host Commercial Forum With India Next Week

4 March 2019 - 21:36
Ajoint commercial forum, scheduled in Tehran on March 13, will host businesses from Iran and India.

CBI Chief: FATF Crucial for Foreign Banking Ties

2 March 2019 - 19:40
Governor of the Central Bank of Iran Abdolnaser Hemmati says recommendations of the anti-money laundering body, the Financial Action Task Force, are part and parcel of international banking norms and thus essential for financial ties to the outside world.

Iran Knowledge-Based Firms Borrow $384m

28 February 2019 - 14:57
Banks lent 51.9 trillion rials ($384 million) to 626 knowledge-based companies by the end of the third quarter of the current fiscal on December 21.

Envoy: Japan to Maintain Economic Ties with Iran

27 February 2019 - 20:41
Japan’s ambassador to Tehran expressed his country’s resolve to proceed with economic cooperation with Iran.

Citigroup says Venezuela deal covered $1.6 billion in gold

25 February 2019 - 19:27
Citigroup Inc. said it entered into a financing deal with Venezuela’s central bank in 2015 essentially using $1.6 billion of gold held at the Bank of England as collateral.

Iran’s Central Bank Says to Introduce Company for Facilitating INSTEX

23 February 2019 - 19:57
The Central Bank of Iran (CBI) announced that it will soon name a company in the country for facilitating cooperation with the European Union based on its financial mechanism for trade with Iran known as the Instrument in Support of Trade Exchanges (INSTEX).

Iran, Iraq Finalize Payment Mechanism

7 February 2019 - 14:54
Governors of the central banks of Iran and Iraq signed an agreement to develop a payment mechanism aimed at facilitating banking ties between the two neighboring countries.

Iraqi PM Urges Rapid Implementation of Banking Deal with Iran

7 February 2019 - 14:50
Governor of the Central Bank of Iran (CBI) Abdonnaser Hemmati said Iraqi Prime Minister Adil Abdul-Mahdi has voiced “his firm support” for the banking deal reached between the two countries on Tuesday night and called for its rapid implementation.

Iranian Official: No Restrictions for Foreign Banks to Set Up Branches in Chabahar

31 January 2019 - 17:06
A senior official at Chabahar Free Trade Zone (FTZ) Organization announced on Thursday that foreign banks face no restriction for inaugurating their branches in Chabahar in Southeastern Iran.
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