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Banking System News

(Wednesday 22 05 19)
The Central Bank of Iran supplied over $6 billion in foreign currency for importing goods in two months since the beginning of the current fiscal on March 21. ...
(Saturday 11 05 19)
Banks divested over 120 trillion rials ($800 million) in surplus holdings in the last fiscal (March 2018-19), the deputy economy minister for banking, insurance and state-owned companies said. ...
(Saturday 11 05 19)
Shaparak, the nationwide payment network, processed an estimated 1.82 billion transactions worth 1.83 trillion rials ($11.7 billion) during the month to April 20 – down 17.66% in the number of transactions and 37.58% less in value compared to a month earlier. ...
(Tuesday 07 05 19)
Central Bank of Iran (CBI) is going to launch a new mechanism to control the exchange rates in the country’s foreign currency market, Mehr news agency reported quoting an official with the bank. ...
(Saturday 04 05 19)
Banks and credit institutions continue to reduce their local branches in the past three months, although the overall cuts are not significant, IBENA reported. ...
(Monday 29 04 19)
The Central Bank of Iran is striving to find solutions to curb the galloping inflation rates with the help of workable and viable monetary policies. ...