Iran's central bank governor replaced
Iranian President Hassan Rouhani has dismissed Iran’s central bank governor Valiollah Seif. Valiollah Seif was replaced with Abdolnaser Hemmati, who headed the state insurance …
Valiollah Seif
Iran Central Bank head: US dropping nuclear deal would not impact economy
Iran’s central bank chief Valiollah Seif said that the country’s economy would not be affected if US President Donald Trump took the United States out of the nuclear deal agreed with world powers in …
Iran to replace dollar with euro in financial reports
Tehran will start reporting foreign currency amounts in euros rather than US dollars, state media said as part of the country's effort to reduce its reliance on the US currency due to political tension with Washington. The new …
Iran bets on non-oil segments of the economy
Tehran is trying to implement effective measures for reintegration into the global markets
Iran halts private lender permits after crisis fueled protests
... after the collapse of several major institutions froze the savings of hundreds of thousands of depositors
Iran secures 8-bln euro loan from South Korea
Iran has secured an eight-billion euro credit line from South Korea’s Eximbank, the Iranian central bank governor Valiollah Seif said. "The biggest contract since the atomic accord was signed with South …
Iran introduces credit cards
Iran introduced credit cards for the first time, ISNA reports. Iran is looking to bolster its oil production and economy after world powers in January lifted sanctions against the Islamic Republic in return for Tehran complying with a …
Iran contributing to Islamic banking system
Governor of the Central Bank of Iran (CBI) Valiollah Seif underlined that Iran has greatly helped to the development of the Islamic banking system by basing its financial activities on Sharia law model. "Iran has …
IMF deputy head holds talks in Iran
The International Monetary Fund's first deputy managing director, David Lipton, addressing the press conference in Tehran, advised to fix its own banking system, improve the management system …
Bank Melli Iran to open its branch in Pakistan
Iran will set up a branch of its largest commercial bank Bank Melli in Pakistan. The decision is based on a memorandum of understanding (MoU) which was signed by the Governor of Pakistan’s State Bank Ashraf Wathra …
Iran and Iraq develop cooperation in banking sector
Iran and Iraq have signed a memorandum of understanding in the banking sector. The ceremony, which took place in Baghdad, was attended by the Governor of the Central Bank of Iran, Valiollah Seif, and his Iraqi counterpart Ali Al …
SWIFT restarts services in Iran
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) will restore its services in Iran on January 31, President of the Iranian Central Bank Valiollah Seif said. The Society for Worldwide …
