The first deputy of Iran’s judiciary says the country’s Central Bank has agreed to redeposit the accounts of some clients of the Caspian Credit Institution.
Iranian insurance firms have lost millions of dollars in five compensation cases in a matter of one year, a loss which according to observers could have been prevented with improved risk management plans.
In an open parliamentary session on Wednesday, Iran’s oil minister offered the MPs a detailed report on the country’s landmark deal recently-signed with France’s Total.
The head of the Iranian Parliament’s Economic Committee says the body’s report on the Financial Action Task Force, FATF, has been nearly finalized and will soon be delivered to the Parliament’s Governing Board and the Supreme Council of National Security.
TEHRAN—Head of the Monetary and Banking Research Institute (MBRI) Ali Divandari says formation of the settlement banks can ease pressure of the toxic balance sheets through professional mechanism.
