Reported by HPMM Group according to FINANCIAL TRIBUNE; The first deputy speaker of the Majlis called for better and more developed interactions between the parliament and the Central Bank of Iran, considering the importance of the bank’s operations for policymakers. “Increased interactions between the CBI and Majlis are of paramount importance,” Masoud Pezeshkian was also […]
Reported by HPMM Group according to FINANCIAL TRIBUNE; The shock passing of Ayatollah Akbar Hashemi Rafsanjani on Monday prompted an outpouring of condolences from Iranian and foreign dignitaries who mused not just on the distinguished political career of a brilliant statesman, but also on the groundbreaking economic reforms launched during his two-term presidency, which marked […]
Deputy Iranian oil minister said Chinese companies have opened the first Line of Credit (LoC) worth 1.3 billion dollars for new refinery projects. Reported by HPMM Group according to MEHR NWES ; Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC) Abbas Kazemi, while pointing to reopening of the first Chinese finance in […]
Reported by HPMM Group according to FINANCIAL TRIBUNE; Iran’s National Tax Administration has issued a new directive to the banking system, devising a ceiling for loans and a slew of other banking services for taxing individuals and businesses. Seyyed Kamel Taqavinejad, the head of INTA, communicated the directive that devises a ceiling for natural or […]
Reported by HPMM Group according to FINANCIAL TRIBUNE; The Central Bank of Iran is obligated to allocate interest-free loans to socially vulnerable people covered by two main charity organizations, announced the head of Majlis Joint Committee for the sixth five-year development plan (2016-21). “The central bank has been ordered to allocate 100,000 counts of Qarzol-Hassaneh […]
Reported by HPMM Group according to FINANCIAL TRIBUNE; Iran’s green banks will be introduced during the First Conference on Green Banking in mid-February, the head of the Department of Environment announced on Sunday.“We have been holding talks with the Central Bank of Iran for developing a framework for promoting green banking in Iran, as well […]
Reported by HPMM Group according to FINANCIAL TRIBUNE; The industrial sector saw the highest growth of 9.1% during the first six months of the current fiscal year (started March 20, 2016) among other economic sectors of Iran, the Statistical Center of Iran’s latest report released on Saturday said. According to SCI, Iran’s GDP growth for […]
Reported by HPMM Group according to FINANCIAL TRIBUNE; The Central Insurance of Iran has finalized assessing insurance firms’ solvency margin ratio for the current fiscal year (started March 20, 2016), according to which 17 out of 26 firms have been deemed fully capable of meeting their commitments to policyholders. The CII has called on the […]
Reported by HPMM Group according to FINANCIAL TRIBUNE; The Central Bank of Iran has received $7.2 billion from three foreign banks, namely Exim Bank of China, Italy’s Mediobanca and Denmark’s Danske Bank, a top CBI official announced on Saturday. “The CBI plans to attract $10 billion in foreign finance for implementing one of its future […]
NIOC deputy head said France’s Total will receive bonus for investment in Phase 11 of South Pars as envisaged in the new model of new model of oil contracts, dubbed as the Iran Petroleum Contract (IPC). Reported by HPMM Group according to MEHR NWES ; Deputy Head of NIOC for Development and Engineering Affairs Gholamreza […]