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Sepah Bank to Open Branch in Three More Asian Countries
"Sepah Bank is going to open foreign branches in China, S.Korea and Iraq", Mohammad Kazem Choghazardi said.
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Iranian Bank Embarks on Brokerage Relationship with Foreign Banks
CEO of Tose'e Ta'avon Bank says the Iranian bank could do brokerage relationship with 19 banks including Asian and European ones successfully.
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S. Korean, Iranian Banks Ink MOU to Boost Ties
Chairman of S.Korea's federation banks signed an MOU with the head of Iranian Association of private banks to expand banking ties between two countries.
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Iran's First Quarter GDP Rises to 7 Percent
Iran's Statistical Center reports the GDP grew 7 percent in the spring, compared to the year earlier.
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Karbassian;
"New Priority in Foreign Investment Is Active Economic Diplomacy"
Minister of Economic Affairs and Finance emphasizes the reinforcement of economic diplomacy and the use of currency bond for attracting foreign financial resources.
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ECO Trade Bank Office to Come to Iran
The Board of Iranian Ministers have issued the permit of negotiations and temporary agreement sign for opening a representative office of ECO Trade and Development Bank in Iran's territory.
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South Korea to Invest 1 billion Euros in Iranian Hospitals
One billion euros of South Korea's investment will be spent on collaborative hospitals in Iran.
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For Foreign Entities;
Cash Flow Ceiling Rises to 5 Thousand Million Rials
Iran‘s Central Bank reports the authorized inflow ceiling for foreign individuals has increased to 5,000 million rials annually.
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IME to Host Stack of Metals
On the industrial and mining trading floor of IME, 320 tons of copper wire, 700 tons of copper cathode, 500 tons of a thousand pound-bullion of aluminum and 110 tons of rebar will be supplied, on Sunday.
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Pistachio Fund to Establish
CEO of Iran’s Agricultural Bank says pistachio fund will be founded to back Iranian pistachio exporters.
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Tejart Bank Inks Agreement with South Korea’s Exim Bank
A long-term finance was sealed between Tejarat bank and Exim bank of South Korea in Seoul.
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Razi Attains Long-Term Financial Strength +B
Capital Intelligence credit ratings agency declared Razi Insurance Company’s outlook has reached a positive level and achieved +B rating.
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Iran's Banking System Heading for International Interactions
Minister of Economic Affairs and Finance says one of his plans is removing banking restrictions and having interaction in international scale.
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Details of Astronomical Foreign Loan Agreement Divulged
CEO of Iran’s Export Development Bank explained the details of Exim bank of south Korea's deal with Iranian side.
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Iran's Inflation Ticks up in Base Year
Iran’s Central Bank declared the inflation rate ending up Mordad month in 1396 rose to 10 percent.
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IME Hosts Over 31 Thousand Tons of Wheat Supply
Over 31,000 tons of Khuzestan province's wheat was supplied in Iran Mercantile Exchange Company.
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CBI Governor:
"There Is No Bubble in Currency Market"
Governor of Iran’s Central Bank says there is no bubble in the currency market and both dollar and euro rate have balanced price.
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Astronomical Foreign Loan Agreement Inked in Post-Sanction Era
Iran has signed the biggest foreign loan deal in post-sanction period with South Korea's Exim Bank in worth more than 8 billion euros in Seoul.
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Interbank's Interest Rate Decreases
Governor of Iran’s central Bank says interbank interest rate has decreased to 18 percent and we are hopeful it goes down step by step more in the future.
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" Inflation is Key Factor for Car's Price Rise"
Head of Competition Council says the quality of auto industry is not satisfactory and inflation has the most share in car's price increase.
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Iran Ranks First in MENA Region to Absorb Capital
Iran’s Organization of Investment and Economic and Technical Assistance reported Iran went to the first place in MENA region by absorbing more than 13 billion dollars of foreign investment in post-sanction period.
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CBI: Interest Rate of Interbank Market Exceeds 18 percent
Iran’s central Bank reported the function of interbank market in last Iranian calendar year, declaring the interest rate average was 18.62 percent.
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Iranian Bank Opens Account in High Level European Bank
Refah Bank has opened a brokerage account in Austria's Ober Bank to expand its banking activities scope.
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Iran’s Capital Market En Route to Connection to Hong Kong’s Exchange
Deputy Director of Iran’s Securities and Exchange Organization says Iranian authorities in capital markets are attempting to join the Hong Kong 's Stock Exchange.
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"Figures Showing Exit of Stagnation in Iran's Construction Sector"
Deputy Director of statistical projects and registered statistics of the Center of Iran Statistics says figures indicate the end of stagnation in construction sector.
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First Trilateral Deal Inked with Iranian Company
Iran's Ghadir Investment Holding signed an agreement with a Turkish and Russian companies to drill oil and gas, valuing at $7 billion.
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Tax to Lift from Losing Trades
Head of Iran's Securities and Exchange Organizations says the tax from losing trades will be lifted in near future.
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Iran, Bosnia Discuss New Economic Ties
A delegation comprised of the Chairman of the House of Peoples of Bosnia and Herzegovina, the Bosnian Ambassador to Tehran and the country’s economic attaché have met with officials from Iran’s cooperatives sector.
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Iran Central Bank Releases Report on Liquidity
Iran’s total volume of liquidity in May 2017 reached 1,289 billion tomans, marking a 24.1 percent growth compared to the same period in 2016.
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“Iran Petrochemical Exports to Turkey Normalized”
The Head of the Confederation of Iranian Exports says after a few days of delays and restrictions the shipping of Iranian petrochemical products to Turkey has resumed.