Growth in Iran's Electronic Banking

The Central Bank of Iran's press release indicates considerable growth in operations of key electronic banking platforms during the first half (March-Sept. 2019) of the current fiscal year.

Financial Tribune- Shetab, Iran's interbank transactions network, processed 20.4 billion transactions during the six months with a total value of 22,871 trillion rials ($177 billion). This indicates 25% increase in the number of Shetab transactions and 27% growth in value terms, compared to the same period last year.

Dec 21, 2019