Reported by HPMM Group according to FINANCIAL TRIBUNE ;Central banks of Iran and Turkey on Wednesday signed an agreement to work on addressing current banking issues between the two countries including integrating the two countries’ payment networks and using national currencies for bilateral trade. The agreement was signed by Mohammad Yaqoubi, CBI’s deputy for international […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;Iranian banks say they have had notable achievements on the international banking scene one year into the implementation of Iran’s nuclear accord with world powers. Bank Sepah, according to its CEO Mohammad Kazem Choqazardi, has conducted “foreign exchange operations worth $4.4 billion during the year ending January […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;Industrial Management Institute has released the list of 500 largest Iranian companies, gauging them on the basis of their generated revenues during the fiscal year that ended on March 19, 2016. According to the rankings, the banking industry was Iran’s largest business sector in the previous year, […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Bank Tejarat and Bank Saderat will publish their new interim financial statements next week and their symbols will reopen for trading at Tehran Stock Exchange, announced Ali Beykzadeh, an official with the Securities and Exchange Organization on Wednesday, SENA reported. The two banks’ shares, along with […]
Deputy oil minister said NIOC will invite a tender for expansion of South Azadegan oil field in near future. Reported by HPMM Group according to MEHR NEWS ; Managing Director of National Iranian Oil Company (NIOC) said new international firms could be added to the vendor list of potential developers for NIOC projects explaining “as […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Top banking officials and pundits gathered on Tuesday to discuss matters vital to the future prosperity of the Iranian banking system and as an extension, the Iranian economy, underscoring the importance of tamed inflation, better transparency and stronger lending. Governor of the Central Bank of Iran […]
The snapback provision–which makes it possible for the US and other parties to instantly bring back sanctions if Iran violates the deal–indicated that the nuclear agreement had been reached on the basis of mutual distrust Reported by HPMM Group according to FINANCIAL TRIBUNE ; Foreign Minister Mohammad Javad Zarif on Tuesday downplayed the possibility of […]
An oil official has announced that implementation of two new desalination plants in southern oil-rich regions will lift Iran’s oil production capacity by 15 thousand barrels per day. Reported by HPMM Group according to MEHR NEWS ;Managing Director of Gachsaran Oil and Gas Production Company (GSOGPC) Houshang Seidali expounded on plans to boost the country’s […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;The CEO of the international advisory firm Roedl & Partner from Germany–who has just opened his Tehran office–said that after the lifting of sanctions, a more clear image of Iran is being presented and the world is getting a better understanding of Iranian realities. Christian Roedl added […]
A major part of the country’s banking problems with the international community will be resolved by the yearend, but the way American officials deal with these developments will also be an important factor . International banks are very eager to work with Iran, but because of negative past experiences and US fine, they are now […]