SWIFT open to four more Iranian banks
Iran’s media reported on Thursday that four more of the country’s banks have been reconnected to SWIFT, the global provider of secure financial messaging services. The banks are all the foreign branches of key Iranian banks. They include the Yerevan branch of Bank Mellat, the Dushanbe branch of Tejarat Bank…
Germans are interested to set joint investment in Iran
A high ranking official with EFiS EDI Finance Service AG said German economic circles want speedy connection of Iranian Banks to SWIFT so that German companies can set joint investment with Iran. Armin Gerhardt told journals that companies like Volkswagen and Siemens are interested in Iranian Banks’ connection to Society…
What Investors Need to Know About Entering Iran’s Stock Market
As financial sanctions are eased against Iran, foreigners can enter a bourse in Tehran with almost as many listed companies as Istanbul. Inflows may reach as much as $1 billion after six to eight months, estimated Reza Soltanzadeh, a founding partner at ACL Assets Management, an investment firm that focuses on Iran….
Nine Iranian banks to join SWIFT on Monday: CBI governor
Governor of the Central Bank of Iran Valiollah Seif said on Sunday that nine Iranian banks are to join the Society for Worldwide Interbank Financial Telecommunication (SWIFT) on Monday. As declared prior to the visit to Italy, SWIFT can start operation on Sunday, he said adding that ‘I would like…
1,000 LCs opened on 1st day of lifting sanctions: ICCIM
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture Mohsen Jalalpour said on Sunday that 1,000 LCs were opened on the first day of implementation of the Joint Comprehensive Plan of Action. Jalalpour told reporters on the sidelines of the meeting of the group of representatives of Iranian Chamber…
