Reported by HPMM Group according to FINANCIAL TRIBUNE ;    For the first time in 25 years, about 10 kilograms of Iranian farmed caviar worth 600 million rials ($13,000) were exported to the United States in the last fiscal year (March 2016-17), an advisor to agriculture minister said. Abbas Rajaei, who is also the CEO of […]

Most stock brokerage companies have started to target higher-value clients, cutting off the retail business and generally, the industry has become high on cost and low on returns Diversification and expansion of Iran’s capital market would create more low-yield businesses for brokers that only push firms for the sake of scaling Reported by HPMM Group […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Iran’s private sector has called on the government and lawmakers to create a fund that would sustain businesses in times of hardship. The proposal was put forward by Gholamhossein Shafei, the head of Iran Chamber of Commerce, Industries, Mines and Agriculture, on Tuesday in the latest […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Iran Insurance Company, the nation’s sole state-owned insurer, plans to offer earthquake insurance policies for residential units, an official with the company said. “To alleviate people’s concerns, independent earthquake policies aimed at covering residential units will be implemented in the first pilot phase in the three […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The Iranian steel industry has survived the 2015-16 valley of death and is now reaping the benefits of an improving global market condition. Its aggressive expansion is also moving ahead as planned, with a 55-million-ton crude steel capacity targeted for the 2025 deadline. Grave impediments, however, […]

The reopening of bank accounts for Iranian nationals has started from a week ago and Chinese banks are unblocking these accounts upon confirming the identity of their Iranian customers Reported by HPMM Group according to FINANCIAL TRIBUNE ;    After weeks of speculation about the banking problems of Iranian students and businesses in China, which ranged […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The second iteration of the annual Digital Transformation Awards, aimed at recognizing the best companies that improved their business models by way of digital progress, on Tuesday honored a host of firms mostly related to banks. Ertebat Farda E-Commerce Company, Bank Ayandeh’s affiliate that offers banking […]

Jahangiri ordered minister of economic affairs and finance, governor of the Central Bank of Iran and the head of Management and Planning Organization as well as his own deputy for coordination and supervision to prepare a blueprint for the use of foreign Reported by HPMM Group according to FINANCIAL TRIBUNE ;    First Vice President Es’haq […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Employing the potentials of the capital market and leasing facilities will be two of the new approaches of Bank Maskan, the agent bank of the housing sector, in the next fiscal year (starting March 21) to finance the ailing sector as it struggles to come out […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ; The governor of the Central Bank of Iran on Monday met with the ambassador of Switzerland in Tehran to discuss improvements in the banking system and the possibility of Iranian lenders opening branches in the Alpine country. “Iranian banks are now operating within the framework of […]