CBI Autonomy Key to Resistance Economy’s Monetary Policy

Reported by HPMM Group according to FINANCIAL TRIBUNE; The most important issue regarding Resistance Economy is the principle of the central bank’s independence The governor of the Central Bank of Iran said the bank’s independence is the byword for the realization of Resistance Economy tenets in the county’s monetary policymaking. “The most important issue regarding […]

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Iran, Australia agree to launch direct flight: Diplomat

Iran’s Ambassador to Australia Abdolhossein Vahaji announced that Tehran and Canberra have agreed to establish direct flights in the near future. Reported by HPMM Group according to IRNA ;Talks on implementation of the agreement will be held within the next month between Iran’s Mahan Air and the Australian side, Vahaji told IRNA on Saturday. The […]

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Agritech 2017 expo. underway in Tehran

The first Exhibition of Agricultural Machinery, Irrigation System and Related Industries (Agritech 2017) in Tehran aims to attract modern technologies and optimize water consumption in agriculture sector. Reported by HPMM Group according to MEHR NWES ; The event got underway in the Iranian capital on Friday January 06 at presence of Deputy Minister for Agriculture […]

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Argentinian gas giant to join hands with NIOC

For the first ever time in oil industry, National Iranian Oil Company (NIOC) and a credible Argentinian firm intend to sign a cooperation agreement for oil and gas developmental projects. Reported by HPMM Group according to MEHR NWES ; Over one century of activity by Iran’s oil industry, the most significant cooperation with a South […]

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Iran Secures Correspondent Relations With 900 Banks

Reported by HPMM Group according to FINANCIAL TRIBUNE; International sanctions hampered Iran’s ability to connect with the global banking network, but the country now has secured correspondent relations with 900 banks across the world, announced the minister of communications and information technology. “Barely a year has passed since JCPOA [Iran’s nuclear accord with world powers] […]

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Iran’s 1st Open Banking API Launched

Reported by HPMM Group according to FINANCIAL TRIBUNE; The privately-owned Ayandeh Bank, in a ceremony on Thursday, unveiled an open banking API portal called Finnotech, which is the first of its kind in Iran’s banking system. Finnotech aims to provide developers with an opportunity to offer customized banking services based on their users’ needs. The […]

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Iran, Pakistan to Open Joint Bank in March

Reported by HPMM Group according to FINANCIAL TRIBUNE; A joint bank between Iran and Pakistan will be established and become operational before the current fiscal year is out, announced Iran’s ambassador to the South Asian country. “Considering a round of preliminary negotiations between the two countries, the joint bank between Tehran and Islamabad will become […]

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Nourbakhsh Banking Innovation Awards Presented

Reported by HPMM Group according to FINANCIAL TRIBUNE; Winners of the Nourbakhsh Banking Innovation Awards were announced during the closing ceremony of the Sixth Conference on E-Banking and Payment Systems in Tehran on Tuesday. Mohsen Nourbakhsh (1948-2003) was a two-term governor of the Central Bank of Iran (1981–۸۶ and 1994–۲۰۰۳). He was also Iran’s minister […]

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World Bank Puts Iran’s Average Growth at 4.5% in 2016–۱۸

Reported by HPMM Group according to FINANCIAL TRIBUNE; With renewed confidence in the economy and a lower inflationary environment, consumption is expected to grow at an average of 3.5% over 2016-18 World Bank Group in its latest analysis of Iran’s economy has forecast Iran’s economy to grow at an annual average rate of 4.5% in […]

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CBI Seeking Self-Sufficiency of Fintechs

Reported by HPMM Group according to FINANCIAL TRIBUNE; The Central Bank of Iran is determined to create an appropriate environment for the operation of fintech companies, the director of CBI’s Department for Information Technology said. “Value creation is in the nature of fintech services … It’s better for developers of financial technologies to change their […]

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