Central Bank of Iran – Involved In

Iran Intends To Replace Dollar With Local Currencies For Travelers

The Central Bank of Iran intends to offer regional currencies to citizens traveling to neighboring countries, instead of selling them US dollars. Iran this year provided Iraqi dinars, instead ...
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Exploring the Motives behind the Dismissal of Iran’s Central Insurance Chief

Shortly after reports surfaced of a cyberattack targeting 18 insurance companies in Iran, the Director-General of Iran’s Central Insurance Company found himself ousted from his position. However, within a ...
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Iran Says Frozen Assets Transferred To Swiss Bank

Iranian funds that had been blocked in South Korea were transferred to Switzerland’s central bank last week for transfer to Iran, South Korean media reported on Monday. Yonhap Infomax ...
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ifmat - Iran and Syria to enhance banking

Iran and Syria to enhance banking

Speaking at the meeting, Farzin said: “Monetary and banking cooperation between Iran and Syria is followed seriously and will increase in the short term.”
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ifmat - OFAC fines Romanian Bank - US Parent for Syria and Iran sanctions violations

14 sanctioned Iraqi banks engaged in fraudulent transactions that Iran could benefit

The US Treasury Department and the Federal Reserve Bank of New York have barred 14 Iraqi banks from conducting transactions in US dollars as part of a “sweeping crackdown” ...
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Iran’s Government Heavily Borrowing From Banks Amid Crisis

Iran’s government has been aggressively borrowing from quasi-public banks to fill its budgetary gap and keep its unprofitable companies afloat, local media report. According to a report in Aftab ...
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