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Banking System News

(Saturday 12 01 19)
The Central Bank of Iran has sent a directive to banks and credit institutions obliging agent banks to accept Islamic bonds as collateral from contractors of development projects. ...
(Saturday 12 01 19)
Blockchain technology is set to decentralize mechanisms governing the world’s financial systems and the Central Bank of Iran has focused efforts on studying ways to benefit from that technology, says the secretary general of Central Bank of Iran. ...
(Tuesday 08 01 19)
The governor of Central Bank of Iran says the initiative to remove four zeros from the national currency will take up two years because first the legal and technical infrastructure must be in place. ...
(Saturday 05 01 19)
“The Central Bank of Iran (CBI) has neither overlooked nor postponed reformation of banking system during the past recent months,” the central bank’s governor Abdolnasser Hemmati announced underscoring that the bank has always had modification of banking system on its agenda. ...
(Wednesday 02 01 19)
In its latest directive, the Central Bank of Iran, on Tuesday urged exporters to return their export earnings to "the country's economic cycle'' as their three-month deadline comes to an end. ...
(Monday 31 12 18)
According to a report by the Central Bank of Iran, about 6.3 million checks worth 619 trillion rials ($5.6 billion) were cleared by banks in the Iranian month Aban. ...