A joint business forum between economic players of Iran and Croatia has been scheduled to be held at Iran Chamber of Commerce, Industries, Mines and Agriculture’s headquarters in Tehran on May 7 Reported by HPMM Group according to FINANCIAL TRIBUNE ; Croatia’s deputy prime minister and economy minister Martina Dalic was due to arrive in […]
The possibility that the US walks out of the nuclear deal would increase uncertainty that, in turn, requires reform measures to stabilize the market Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s government will need to accelerate economic reforms, including plans to overhaul its banking system, should US President Donald Trump decide to […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Mellat Insurance Company, affiliated with Bank Mellat, has signed a contract with Munich Re, the biggest reinsurance company in the world, based on which the German firm will cover the entire life insurance portfolio of the private Iranian insurer. “In line with maintaining its financial solvency […]
According to CI’s report, Iran’s ratings are supported by very low public external debt, large external assets due to persistent current account surpluses, substantial hydrocarbon resources and a comparatively high skilled workforce Economic growth has resumed following the implementation of JCPOA in January 2016, but has so far not led to a marked improvement of […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Following a national currency swap deal that was recently implemented, Iran and Turkey are now pursuing the integration of bank cards in a move aimed at helping the massive flow of tourists traveling between the two nations. This was announced during a meeting on Saturday between […]
Motor vehicle, trailer and semi-trailer manufacturing industries’ gave the biggest boost to the Industrial Production Index Reported by HPMM Group according to FINANCIAL TRIBUNE ; Most Iranian industries were on the path to growth during the three quarters of the previous fiscal year, but only a few accelerated enough to put recession behind them, according […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Central Bank of Iran has released new guidelines for the way banks’ capital adequacy ratios are calculated. According to a circular published on CBI’s website on Saturday, the guidelines are based on the latest international standards both from the Basel Committee and Islamic Financial Services […]
US President Donald Trump may unravel Iran’s landmark nuclear accord with world powers on May 12 and that was the main talk of the day on the first day of the Sixth Iran-Europe Banking and Business Forum in Tehran on April 28 Reported by HPMM Group according to FINANCIAL TRIBUNE ; When top-level officials […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Minister of Information and Communications Technology Mohammad Javad Azari-Jahromi said on Saturday his ministry has prepared a preliminary prototype of the national virtual currency in collaboration with the Central Bank of Iran-affiliate Monetary and Banking Research Institute. Azari-Jahromi said Post Bank is also a party […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Iranian government is seeking to develop the domestic bond market under the Sixth Five-Year Development Plan (2017-22). It established the Debt Management Office in 2015, which compiled data on the government’s arrears and increased the size and pace of issuance of government securities to clear […]
