‘Banks’ monthly overdrawn from CBI reduced’

TEHRAN- The governor of the Central Bank of Iran (CBI) announced that Iranian banks’ overdrawn from the CBI financial resources has been decreased in the ninth month of the present Iranian calendar year Azar (November 22- December 21, 2018) in comparison with the preceding month, IRNA reported on Tuesday.

India plans to pay 5 Iranian banks for oil purchases

India will use escrow accounts of five Iranian banks held with UCO Bank Ltd. to deposit money for oil purchases from the Middle East producer to overcome U.S. sanctions, according to people with knowledge of the matter.

By Zahra Khezri

Europe tries to ensure connection of at least one Iranian bank with the world: French senator

TEHRAN – French Senator Philippe Bonnecarrere, who heads the France-Iran friendship group in the upper house of parliament, says that European nations are seeking to ensure that at least one Iranian bank stay connected to the world after the U.S. imposed new sanctions on Tehran.

U.S. imposes new sanctions targeting Iran banks, companies

TEHRAN- The United States has imposed fresh sanctions on a number of Iranian banks and financial institutions as well as companies ahead of the start of the next month's new round of the U.S. sanctions against the Islamic Republic.

2 Iranian banks to open branches in India soon

TEHRAN- Iran’s Bank Pasargad and Saman Bank will open two branches in India in the near future, the head of Iran-India Joint Chamber of Commerce told ILNA.

By M.A. Saki

Austria has strong stake in preserving JCPOA: ambassador

TEHRAN - Stefan Scholz,Vienna’s ambassador to Tehran, believes that the 2015 nuclear deal will continue to stand even in the most unwanted event that the United States withdraws from it, provided that Iran continues to fulfill its obligations, thus enabling European countries to follow suit.

Iranian banks linking with 286 foreign partners 2 years after JCPOA

TEHRAN – Two years after implementation of the Joint Comprehensive Plan of Action, the international agreement on Iran’s nuclear program, in January 2016, Iranian banks has established banking relations with over 285 banks worldwide, IRNA reported on Saturday.