 |
Iran bank halts guarantee for Indian importsIran's Bank Parsian has stopped issuing payment guarantees for Iranian importers who buy Indian goods, because its account that was set up to skirt Western sanctions does not have the necessary funds in rupees. India, exempted on Monda More… |
 |
Top Iran bank heads roll amid scandalThe head of Iran's biggest bank resigned on Tuesday and chiefs of two privately-owned banks were set to be dismissed, the economy ministry website said, over a multi-billion dollar scam which has shaken the government. The head of stat More… |
 |
Iran bank under US sanctions 'operates in Turkey'Turkey and other US allies have been allowing Iranian banks with suspected links to Tehran's nuclear program to do business within their borders, frustrating Western countries trying to put a financial squeeze on the Islamic Republic, Reuters has More… |
 |
Iranian banks get forex CDs approvalThe central bank will allow Iranian banks to issue certificates of deposits (CDs) denominated in foreign currencies, the official media reported. The central bank said in a statement on Sunday that the total ceiling for CDs issued would be More… |
