IBENA

Iran's Economic Growth above Global Rate

International institutes forecast Iran's economic growth in 2018 positive and over global growth rate.
Europe's Enthusiasm for Banking and Economic Cooperation with Iran

Managing Director of Export Guarantee Fund of Iran reported that Europeans are enthusiastic to have banking and economic relations with Iran.
Bitcoin Sale Banned in Iranian Exchange Shops

Director of the Central Bank's Payment Systems Administration said certified exchange shops don't sell bitcoin, adding those exchange shops sell bitcoin, committing illegal action.
Dollar Eliminated from Iran-Russia Trade under Oil for Goods Deal

The first delivery of Iranian crude oil to Russia under the oil-for-goods program has been completed and the sides aim to extend the deal for five years, according to Russian Energy Ministry Aleksandr Novak.
IMF: Iran's GDP Projection Is 4 Percent

International Monetary Fund in its latest World Economic Outlook report said Iran's GDP projection in the current and next year is 4 percent; while it is 4.3 percent in 2017.
First Iranian Foreign Exchange Credit Card Software Unveiled

The first Iranian credit card software based on foreign exchange in Aras free zone has been unveiled.
Iran-Turkey's National Currency Swap Implemented

The first LC has been opened for providing trade finance by using Iran and Turkey's national currencies swap agreement in Turkey.
Imposing New Sanctions against Iran to Spike Oil Price to $80

Brent oil could spike to $80 a barrel if the U.S. and European Union reimpose sanctions on Iran and as Western powers expand the scope of the Syrian civil war, JPMorgan said.
Indian Oil Company Owes 500 Million euros to Iran

Essar Oil has settled $2.5 billion Iran oil dues, still owes about $616 million (approximately 500 million euros).
EU Extends Anti-Iran Sanctions for One Year

The Council of European Union has extended sanctions against Iran until the end of April 2019.
Iran-Europe Bank Launches 30 Million euros Credit Line

Head of the International Affairs of Export Development Bank of Iran said 30 million euros has been allocated to the bank by signing a direct short term finance contract (re-finance) with the commercial bank of Iran-Europe Hamburg (Eihbank).
Iran Proposes 3 Billion euros Project to Russia

Iran proposed a project to electrify a 3,000-kilometer (1,860-mile) railway line that might cost up to 3 billion euros ($3.7 billion), the company's First Deputy CEO Alexander Misharin said.
Arvand Free Zone Attracts $250m Foreign Investment

Economic and Investment Deputy of Arvand Free Zone said in the previous year 10 thousand billion rials and also 250 million dollars were attracted in Arvand free zone as a domestic and foreign investment, respectively.
6th Banking and Business Forum of Iran-Europe to be Held

The 6th Banking and Business Forum of Iran-Europe will be held in Tehran in 8th and 9th of Ordibehesht month ( 28-29 April, 2018).
Russia Considering to Settle with Iran in National Currency

Russian Energy Minister said the option of payments for oil with Iran and Turkey in national currencies are being considered.
Iran Capital Market Has Interaction with 9 Countries

Deputy Chief of the Stock Exchange Organization for International Affairs said Iran's stock exchange has cooperation with 9 countries namely Germany, Switzerland, Turkey, China, Hong Kong, Oman, Greece, Iraq and India in various areas.
Iran Is Upgrading Anti-Money Laundering Laws: IMF

IMF says in recent years, significant efforts have been made in Iran for upgrading the legislative and institutional anti-money laundering and combating the financing of terrorism framework.
Iran's Producer Price Index Stands at 10.5 Percent

Producer Price Index in Iran in the last twelve months ending in Esfand month of 1396 increased to 10.5 percent from the earlier year.
Iranian Banks' Problems with World Is Two-Sided: CBI's Governor

Central Bank of Iran's Governor said Iranian banks' problems with the world is two-sided in a way that comes back to both America's measures and domestic banking system's failures.
Iran Inflation Rate Will be Single- Digit: CBI Governor

Central Bank of Iran's Governor said in the light of the government monetary and financial discipline, the inflation rate will be single-digit.
We Are Not in Banking Dead End: Deputy FM

Iranian Deputy Foreign Minister said in banking area we have not returned to the pre-sanction era yet, but we are not in banking dead end and some good achievements have been acquired.
Iran Customs' Revenues Hit Record

Director General of Customs reported that customs' revenues reached 21 thousand and 500 billion tomans in the current year (based on the Persian calendar).
Iran,Azerbaijan Ink Final Agreement

Iran and Azerbaijan signed the final agreement of the 12th joint economic cooperation commission.
Iran,Azerbaijan's Trade Volume Grows 20 Percent

Azerbaijani Minister of Economy said Iran-Azerbaijan's trade volume increased 20 percent in 2017 from the year earlier.
Iran,Azerbaijan Banking Negotiations Kicked off

Minister of Economy pointed to the effective talks on reaching banking agreements between Iran and the Republic of Azerbaijan, adding Astara railway to Azerbaijan will be opened soon.
Iran,Russia's Trade Problems to be Removed in 2 Months

Head of Iran-Russia's joint Chamber of Commerce said the agreements which have been signed recently between Iranian and Russian sides can solve trade problems between two countries in 2 months.
Iran,Iraq's New Customs Agreements Revealed

Iran and Iraq's Customs Director Generals have signed a bilateral agreement to develop trade.
Solving Iran-Iraq's Banking Problems on Agenda

Iranian first Vice President said we should make an attempt to increase Iran-Iraq's trade level to over $7 bn, stating solving some banking and administrative barriers in this area is effective.
Iran,Turkey Prepared to Use Local Currencies in Reciprocal Trade

Iranian and Turkish Presidents talked on the phone, underlining the details of using two countries' local currencies in common deals have been finalized, waiting for its implementation.
Russian Oil Firms to Ink Agreements with Iran

Russian Energy Minister said that Russian oil companies may sign deals with Iranian side on its oilfields by March 21.