There are no frozen assets abroad, says Iranian President
TEHRAN, IRAN – Iran President Ebrahim Raisi on Tuesday said that the country’s money is only blocked in South Korea and that all other foreign assets are at the Central Bank of Iran’s disposal.“We have already made it clear that the only blocked money was in South Korea. In other...
Iran bank loans to economic sector rise 58%
The Iranian banking system has paid 12.41 quadrillion rials (over $295.49 billion) of facilities to domestic economic sectors in the first six months of the current Iranian calendar year (March 21-September 22). This is 57.9 percent higher than the amount in the same period from the previous year.
Bahrain court six jails bank officials for in $1.3-billion money laundering case
The court convicted not just these six Future Bank employees but the bank itself, the Central Bank of Iran, and other Iranian banks.
