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India OKs plan for Iran bank to set up Mumbai branch
The Indian Express reported that Iran’s Bank Pasargad had received an authorization to open a branch in Mumbai.
India gives nod to Iran bank in Mumbai before US sanctions
India approved a proposal from Iranian Bank Pasargad to open a branch in Mumbai.
US envoy calls for Germany to block Iran cash withdrawal
The US ambassador to Germany has called on Berlin to block an Iranian bid to withdraw large sums of cash from bank accounts in Germany to offset the effect of new US financial sanctions imposed after Washington withdrew from a 2015 nuclear deal.
One million bank workers strike across India
Around one million bank employees went on strike across India Wednesday, a union representative said, demanding better pay and a government crackdown on companies who willfully default on loan payments.
Georgia denies closure of Iranians' bank accounts
The Central Bank of Georgia rejected reports that Tbilisi has closed down the accounts of Iranian nationals in the country.
Three Iranian banks to open branches in Germany
Three Iranian banks namely Middle East Bank, Saman Bank and Sina Bank are planning to open branches in German cities to increase Iran's trade relations with Europe, according to Iran's ambassador to Germany.
Qatar asks US to probe 'financial warfare' by UAE bank
Qatar has asked the US to investigate reports that the American subsidiary of the largest bank in the UAE is manipulating the Qatari currency to harm the country's economy amid a diplomatic dispute with Saudi Arabia.
Rouhani hails Iranian banks performance
President: Transparency serves national interests
President Hassan Rouhani said on Sunday the performance of Iranian banks has been great and in line with the country’s economic growth.
Ares Bank of Spain posed to offer credit line to Iranian
The MD of Ares Bank of Spain announced on Tuesday the readiness of this bank for issuing a credit line of short-term finance between Iran and Spain.
Spain to grant €100m credit to Iran
An official of Spain’s Aresbank said Tuesday that his bank will grant a short-term refinance credit line worth €100 million to Iran.
Israel approves bill paving way for annexation of West Bank
Israel has approved a bill to expand the jurisdiction of Israeli courts over Area C of the West Bank, paving the way for the annexation of the region.
Iranian bank to open branches in India
Iran's Bank Pasargad is to open branches in India to expand banking cooperation between the two countries.
CBI opens accounts in six more foreign banks
The Central Bank of Iran (CBI) has in recent months opened accounts in banks in Oman, Russia, Austria, Qatar and Switzerland as well as the Frankfurt branch of Sepah Bank of Iran.
Belarusian, Iranian banks to step up cooperation
Belarusian and Iranian banks intend to advance cooperation, representatives of the Association of Belarusian Banks told BelTA.

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