Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Institute for Trade Studies and Research, affiliated with the Ministry of Industries, Mining and Trade, has published a report that proposes short-, mid- and long-term solutions to reform the Iranian banking system. The report makes note of World Economy Forum’s assessment that financial markets’ development […]

PwC sees a huge potential for its services in Iran and is confident of getting the operating license from US Treasury Department’s Office of Foreign Assets Control The Iranian business community has been proactive in its approach, inviting topnotch consulting firms and rating agencies to explore the country’s potentials Reported by HPMM Group according to […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;  The Hong Kong branch of Melli Bank London PLC, a subsidiary of Bank Melli Iran, has officially restarted its operations, the chief executive of BMI announced. “One of the measures that had to be undertaken to remove hurdles on the way of restarting the activities of […]

Iran Credit Scoring Company, a ratings agency affiliated with the Central Bank and the Ministry of Economy, has conducted the ratings of banks and will disclose it by Oct. 22 Reported by HPMM Group according to FINANCIAL TRIBUNE ;      G overnor of the Central Bank of Iran Valiollah Seif has announced that the ratings of […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;      I ranian banks will be able to open branches in Brazil after following due process like banks of any other nation, as the Latin American country welcomes expansion of trade ties with the Middle East country, Brazil’s ambassador in Tehran said. “In order to help promote […]

About 50 French companies active in the fields of infrastructure, transportation, energy and environment will join the mission France has been at the forefront of European countries resuming business ties with Iran after the nuclear deal Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Movement of the Enterprises of France (also known as […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;      The Central Bank of Iran’s governor has declared that the administration has no interest in letting foreign exchange rates climb and that it will take measures to keep the forex market stable. “CBI is closely monitoring forex market fluctuations and therefore, it would not be wise […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ; President of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei signed a memorandum of understanding with his Ukrainian counterpart, Gennadiy Chyzhykov, on Monday on the sidelines of the Ukrainian-Iranian Business forum in Kiev. The MoU stipulates increasing cooperation to boost mutual trade. Iran’s ambassador […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     B ank Sepah, a major Iranian commercial bank, plans to open branches in China, South Korea and Iraq in the near future. In a press release published on the bank’s website, Kazem Choghazardi, Sepah’s chief executive, said his bank has taken the preliminary steps for opening […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;      T he multibillion dollar South Korean deal to finance Iranian projects and the recent agreement between major Iranian private banks and their South Korean counterparts to boost correspondent ties have prodded top international lenders to strengthen their ties with Iranian banks. According to the Export Development […]