Iran Optimistic on Luxembourg Case Outcome

Iran Optimistic on Luxembourg Case Outcome

A number of top-tier officials have reacted to a New York Times story reporting that $1.6 billion of the Central Bank of Iran’s assets have been frozen by a court in Luxembourg Economy Minister Ali Tayyebnia hopes the Luxembourgian court will rule in Iran’s favor Reported by HPMM Group according to FINANCIAL TRIBUNE ;Iran’s top […]

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CBI, KPMG Review IFRS Adoption

CBI, KPMG Review IFRS Adoption

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The Central Bank of Iran hosted a meeting to analyze obstacles to the implementation of the International Financial Reporting Standards. During the one-day meeting on Tuesday, issues related to Iran’s banking system such as financial assets categorization, impairment, fair valuation and lack of infrastructure to provide information […]

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Economists Comment on Future Trends

Economists Comment on Future Trends

For the first time in two years, sales of construction materials saw a 12% rise in Q3, compared with the similar period of a year before Reported by HPMM Group according to FINANCIAL TRIBUNE ;The Fourth Iranian Economic Overview Conference was hosted by Donya-e Eqtesad Group, the parent company of Financial Tribune, in Tehran on […]

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Iran Working to Free Luxembourg Assets

Iran Working to Free Luxembourg Assets

Reported by HPMM Group according to FINANCIAL TRIBUNE ;Following news that Iran’s assets in Luxembourg have been frozen by a court, a senior Iranian official said on Tuesday lawyers with the Central Bank of Iran are currently consulting Luxembourg lawyers “for us to be able to have access to the funds”. Deputy Foreign Minister for […]

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EAEU premiers approve setting up free trade zone with Iran

EAEU premiers approve setting up free trade zone with Iran

Prime ministers of the Eurasian Economic Union (EAEU) member states approved drawing up a Memorandum of Understanding (MoU) for establishment of a free trade zone with Iran. Reported by HPMM Group according to IRNA ;The EAEU Prime Ministers Summit was held in Bishkek, Kazakhstan, on Tuesday with premiers of Russia, Kazakhstan, Belarus, Kyrgyzstan and Armenia. […]

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Iran, Europe to open joint bank

Iran, Europe to open joint bank

A senior banking director has reported on establishment of an Iranian-European bank with three members of Iran and four from Europe serving on the management board. Reported by HPMM Group according to MEHR NEWS  ;Ahmad Haji Mohammadi, Manager of International Affairs of Sarmeye Bank, said international monetary institutions had evaluated Iranian banks in terms of […]

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Iran to Accede to Full IOSCO Membership

Iran to Accede to Full IOSCO Membership

Reported by HPMM Group according to FINANCIAL TRIBUNE ;Iran is set to become a regular member of the International Organization of Securities Commissions in the next five to six months, the chairman of Securities and Exchange Organization announced. The Islamic Republic joined IOSCO as observer member in April 2016. The upgrade in membership can be […]

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Monetary Discipline on CBI Agenda

Monetary Discipline on CBI Agenda

The vice governor of the Central Bank of Iran outlined the bank’s Resistance Economy measures and the benefits of Iran’s nuclear accord The central bank aims to organize uncertified financial institutions, reform the banking system, clear government arrears to banks and the private sector, and conform banking regulations and transactions to international laws and standards […]

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Where are you standing on Liquidity Matrix?

Where are you standing on Liquidity Matrix?

Liquidity Matrix “Liquidity Matrix” is one of the most common instruments of cash flow analysis in companies. This matrix analyzes the cash flow in the company’s operations and evaluates the quality of the cash earned. In fact the main and most important index to evaluate a company function is its cash flow. To run a […]

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Tehran, Paris Reinforce Banking, Reinsurance Ties

Tehran, Paris Reinforce Banking, Reinsurance Ties

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The economy ministers of Iran and France discussed expansion of relations between their central banks during a meeting in Tehran on Saturday. “Iran and France have taken good measures for normalization of commercial and banking relations … Two Iranian bank branches [Tejarat and Melli] in France have […]

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