Economyone year ago
Iran launches banking scheme to offer factoring services
Iran’s finance ministry launches a first banking scheme to offer factoring services to businesses.
banking
ACU summit in Tehran discusses substitutes for US dollar
More US consumers are falling behind on payments
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Economyone year ago
US blacklists 39 entities for helping Iran evade banking sanctions
The US imposes sanctions on 39 entities it says have facilitated Iran’s access to global financial system.
Economyone year ago
Iran officially raises interest rate to 23%
Iran’s High Council of Money and Credit raises interest rate by 5% to 23%.
Economyone year ago
Iranian state banks raise interest rate by 7% to 25%: Report
A report by Iran’s Tasnim news agency shows state banks in the country have raised interest rate by 7%.
Economyone year ago
Iran says jail sentences for bounced checks down by over 80%
A new law adopted in 2017 in Iran led to an 80% reduction in people jailed for bouncing checks.
Economy2 years ago
Iran will soon execute banking deals with Russia: Chief banker
Iran’s central bank governor says key banking agreements with Russia will take effect soon.
Economy2 years ago
Iran, Russia sign major MoUs on energy, banking ties
Iran and Russia sign major agreements to expand their energy and trade ties.
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