The first Iranian bank branch in Bavaria will be established early next year and hopefully with the opening of our next branch in Austria, all our trade issues rooted in banking relations will be resolved Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Iranian banks are expected to open their first branches in Munich […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     With the support of the Information and Communications Technology Committee affiliated with the vice presidency for science and technoogy, Iran’s biggest bank has clinched a deal with one of the nation’s top universities to establish a startup accelerator center. Bank Melli Iran’s seed accelerator, which will […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Central Bank of Iran has reached a deal with the Czech Republic’s export credit agency for facilitating and expanding trade ties as well as improving the level of investments. The agreement was signed between CBI and EGAP on Tuesday at the CBI headquarters in Tehran, […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     As part of the European Union’s trade mission visiting Iran, headed by chief of EU’s Agriculture and Rural Development Commission, Phil Hogan, the exchange of technology and know-how was emphasized in the area of edible oil industry. During a tour of Margarine oil factory–Iran’s biggest cooking […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     President Hassan Rouhani has submitted to the parliament the bill aimed at joining the International Convention for Combating the Financing of Terrorism. The United Nations treaty was adopted by its General Assembly on December 9, 1999, in New York and is designed to criminalize financing of […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Foreign investment in Iran has seen a tenfold increase following the 2015 nuclear deal reached between Iran and six world powers, the government spokesman said. Addressing a news conference late on Saturday, Mohammad Baqer Nobakht said over $13 billion of foreign investment were made in Iran […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Tehran’s stone export consortiums have established permanent stone exhibitions in seven countries with the support of Tehran Industrial Parks Company, an official with the company said. The exhibitions have been set up in Oman, Iraq, Panama, China, India, Germany and Spain with the aim of showcasing […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     After a series of negotiations and follow-ups by Iranian officials and investment companies, the head of Iran-Italy Chamber of Commerce announced that the remaining banking issues between the two countries will be resolved within two months. “Unfortunately, two years after Iran’s nuclear sanctions have been cleared, […]

The Central Bank of Iran is working to expand the role of Iranian currency in the basket of its major trade partners as it is sidelining the US dollar Reported by HPMM Group according to FINANCIAL TRIBUNE ;     In line with plans to eliminate the US dollar in Iran’s foreign trade by clinching monetary agreements, […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     German investors account for half of foreign portfolio investment in Iran’s capital market, says Securities and Exchange Organization’s deputy head for international affairs. “Other German-speaking countries such as Switzerland follow,” Bahador Bijani was also quoted as saying by Bourse Press. The official added that the total […]