Iranian-European banks to establish long-term ties soon
Long-term relations between Iranian and European banks are expected to develop especially in financing civil engineering and production projects, Governor of Central Bank of Iran (CBI) Valiollah Seif announced. Seif made the remarks in the Fourth Iran-Europe Banking and Business Forum which was held on Saturday at IRIB’s International Conference…
CBI governor: Preparations made for opening 1,000 LCs
Governor of Central Bank of Iran (CBI) Valiollah Seif said on Tuesday that preparations have been made for opening up 1,000 Lines of Credit (LCs). Speaking to reporters on the sidelines of a gathering of non-governmental entrepreneurs, Seif said that the process of opening LCs began on Monday. Noting that…
CBI governor predicts a breakthrough in banking system after JCPOA implementation
Governor of Central Bank of Iran (CBI) Valiollah Seif said on Monday that the Iranian banking system will experience a breakthrough after the implementation of the Joint Comprehensive Plan of Action (JCPOA) reached on July 14 between Tehran and the six world powers. Noting that Iran is now on the…
