BANKING
Latest Headlines

POLITICS
US unable to cut Iran’s access to dollar-based banking services: Report
A WSJ report shows Iran is still able to transfer billions of dollars' worth of funds through intermediaries linked to US banks.
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ECONOMY
Russia’s VTB bank to upgrade Tehran office to branch
Russia’s VTB bank says it will set up a branch in the Iranian capital Tehran to process trade payments.

ECONOMY
Businesses received 77.7% of bank loans in Iran in Apr-Sep: CBI
Iran’s central bank says loans granted to businesses amounted to 24,119 trillion rials in April-September.

ECONOMY
Islamic banking in ascendancy: The case of Iran
In 2020, London-based global financial analysis magazine The Banker included Iran’s Mellat Bank among the list of the world's top banks compliant with Islamic Sharia.
ECONOMY
Russian ATMs to accept Iranian bank cards in late August: CBI chief
Iranian card holders will be able to withdraw ruble from Russian ATMs in late August.

ECONOMY
ACU summit in Tehran discusses substitutes for US dollar
Officials of the Asian Clearing Union meet in Tehran to discuss the use of alternative currencies as substitutes for the US dollar.
BUSINESS
More US consumers are falling behind on payments
Consumers in the US are falling behind their credit card and loan payments.

ECONOMY
Iran launches banking scheme to offer factoring services
Iran’s finance ministry launches a first banking scheme to offer factoring services to businesses.







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