Financial Tribune- Hard-hitting sanctions drove the Central Bank of Iran to direct the bulk of its focus toward boosting economic growth and job creation, and as the vice governor of the regulatory entity outlines, those policies are now increasingly bearing fruit. Akbar was in the central province of Yazd late Wednesday to take part in a meeting ...

Financial Tribune- The Iranian banking system is not bankrupt contrary to some reports and the Central Bank of Iran is in control, the vice governor of CBI said. I do not agree with the use of the term bankruptcy for banks, Akbar Komijani also told IRNA, though conceding that a number of banks are facing problems such as a shortage of capital and ...

The action plan of the Central Bank of Iran regarding the implementation of the Banking Overhaul Plan is premised on 10 key factors, said the vice-governor of the bank. "CBI action plan is based on 10 major elements, namely active management of the interbank market, reinforcement of bank credits, balancing the reserve ratio of commercial banks,...

TEHRAN (Tasnim) A senior official with the Bank of Russia said a number of the countrys banks are ready to reestablish brokerage ties with Iran. Some Russian banks are prepared to revive their brokerage ties with the Islamic Republic of Iran, the deputy governor of the Bank of Russia said on Saturday. He made the remarks at a meeting with Akbar ...

Iran says the global rating agency Fitch has recently visited the country in light of the growing interest of banks and businesses in its post-sanctions investment opportunities. Akbar Komijani, deputy governor of the Central Bank of Iran, has told Bloomberg that Fitch made a trip to Tehran earlier this month to make an initial assessment of ...

A deputy governor of the central bank has rejected interest rate violations by banks saying rates set by the Money and Credit Council are by and large upheld by the lenders. Speaking to reporters on the sidelines of the 26th annual Conference on Monetary and Exchange Rate Policieson Tuesday, Akbar Komijani said, "The Central Bank of Iran is regularly ...

TEHRAN (Tasnim) The deputy head of the Central Bank of Iran (CBI) said despite the fact that six world powers are pleased with Tehrans adherence to its commitments under the July 2015 nuclear deal, the Islamic Republic is not satisfied with the other partys fulfillment of its undertakings. Speaking at a meeting with a high-ranking economic delegation ...

The Central Bank of Iran is developing a set of criterion for assessing domestic banks which will be ready in the next fiscal year (starts March 20), said Akbar Komeijani, the banks vice-governor said on Monday. We are putting together a series of standards for banking operations, supervision of banks and liquidity management, Fars News Agency quoted ...

TEHRAN (FNA)- Deputy Governor of the Central Bank of Iran (CBI) Akbar Komeijani expressed confidence that banking and economic relations between Tehran and Vienna would return to the level before the imposition of the sanctions against Iran soon in future. "The current disorder in the banking relations between Iran and other countries is due to ...

Deputy Governor of the Central Bank of Iran Akbar Komijani has announced imminent changes in the makeup and decision-making process of the banks Fiqh (Jurisprudence) Council. Komijani said late Saturday that the council would resume its sessions after a brief hiatus with new members and a new mission to keep its successful tradition in safeguarding ...

TEHRAN May 31(Shana)--A deputy governor of Central Bank of Iran has said that the recent increase in fuel prices was required by the annual budget bill. Akbar Komeijani said the lawmakers had approved the articles on fuel price hike envisaged in the budget bill. He, however, said the fuel price hike would not much influence the inflation rate in ...

[caption id="attachment_110175" align="alignright" width="173"] A file photo of the Central Bank of Iran (CBI)[/caption] Iran said on Monday it expects its annual inflation to stand between 13 percent and 14 percent for the Persian calendar year that start 21 March 2015. A senior official at the Central Bank of Iran (CBI) told reporters that the ...