Iranian Bank Among Top Int’l Brands

Iranian Bank Among Top Int’l Brands

According to the bank’s website, the brand value of the private lender has been put at $1.17 billion which marks a 19.6% growth compared with the previous year Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The Banker’s Top 500 Banking Brands for 2018–an annual report ranking the world’s most valuable banking brands–has been […]

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Bank Melli Iran Enhancing Ties With Spain’s Aresbank

Bank Melli Iran Enhancing Ties With Spain’s Aresbank

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Top representatives of Bank Melli Iran, the country’s biggest bank, and Spain’s Aresbank met on Tuesday to prepare the ground for expanding ties in the near future. “The requirements for allocating short- and long-term facilities have been determined and Aresbank is ready to discuss this,” Luis […]

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Lagarde Cautions Policymakers of Volatility in Financial Markets

Lagarde Cautions Policymakers of Volatility in Financial Markets

IMF chief: Many jobs will be affected one way or another. Some of them will disappear, but many more will be affected because of automation. So we need to think about the future of work Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Central banks need to stay vigilant as uncertainty remains over the […]

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Tehran, Kabul Streamline Trade Cooperation

Tehran, Kabul Streamline Trade Cooperation

Iran holds a 22% share ($2.5 billion) of Afghanistan’s $11.5 billion consumer market Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Officials of Afghanistan and Iran agreed in a meeting that Afghan goods trucks can cross into Iran without having to present bank guarantee letters. In addition, border tariffs will also decrease, Afghan news […]

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Yerevan Hosts Intergovernmental Commission With Tehran

Yerevan Hosts Intergovernmental Commission With Tehran

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The 15th meeting of the Iran-Armenia Intergovernmental Commission was held in Armenia’s capital city of Yerevan on Monday and Tuesday. Iran’s Energy Minister Reza Ardakanian said on Tuesday that Iran views Armenia as a gateway for entering the Eurasian Economic Union markets, Armenian news agency NEWS.am […]

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Seoul Seminar Targets Iran Business Prospects

Seoul Seminar Targets Iran Business Prospects

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Aseminar titled “Investment Opportunities in Iran” was held at the South Korea Chamber of Commerce and Industry in the South Korean capital Seoul on Monday. Iran’s Ambassador to South Korea Hassan Taherian was a keynote speaker at the event, elaborating on Iran’s capacities to attract foreign […]

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Mir Business to Fast Track Iran-Russia Banking Ties

Mir Business to Fast Track Iran-Russia Banking Ties

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     As lackluster banking relations have hampered Iran’s economic prospects despite the lifting of sanctions after the implementation of the 2016 nuclear deal, it looks like the country’s ties with Russia and banking links are expanding. Mir Business Bank, the Russia-based subsidiary of Bank Melli Iran, is […]

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Inflation Expected to Rise Above 10% Next Year

Inflation Expected to Rise Above 10% Next Year

Inflation has been kept down since President Rouhani took office in August 2013 using a chain reaction of artificial factors while money supply increased Inflation in Iran reduced to a single digit for the first time after about a quarter century in June 2016 Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Donya-e-Eqtesad Media […]

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CBI Will Fully Tackle Shadow Banks by Sept.

CBI Will Fully Tackle Shadow Banks by Sept.

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    All illegal credit institutions will be fully organized and sorted out by the Central Bank of Iran and the parliament up to the first half of the next fiscal year in late September, the head of Majlis Economic Commission said. “Based on what was decreed in […]

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Global Growth Recovery Risky

Global Growth Recovery Risky

There have been some worrisome regulatory rollbacks, especially concerning environmental protection, not to mention the many hate-driven acts that Donald Trump’s bigotry may have encouraged Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Although 2017 was not a particularly great year, it was far better than many had feared. Trump proved every bit as […]

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