New MD appointed for Iranian Privatization Organization (IPO)
Alireza Saleh was appointed as the new head of Iranian Privatization Organization (IPO), IRIB reported. Iranian Finance and Economic Affairs Minister Farhad Dejpasand appointed Saleh to the post replacing Mir Ali Ashraf Pouri-Hosseini. Saleh previously served as deputy chief of Iran National Development Fund (NDF) and also as the deputy head of the Planning and Budget Organization (PBO).
Iran, Turkey mulling over trade via national currencies: CBI governor
In a meeting between Iran and Turkey’s presidents on Monday in Ankara, the two sides stressed expansion of economic and banking ties and emphasized the need for following up on a plan for trade via national currencies, Abdolnaser Hemmati the governor of the Central Bank of Iran (CBI) said.
SEPAM replaces SWIFT in banking transactions with Russia
Central Bank of Iran (CBI)’s financial telecommunications system, known as SEPAM, has replaced the Society for Worldwide Interbank Financial Telecommunication (SWIFT) in the country’s financial transactions with Russia, Abdolnaser Hemmati the governor of the Central Bank of Iran (CBI) said on Monday.
EU companies, banks ready to join INSTEX: IRNA
Several European companies and banks have expressed their readiness to join the European financial channel with Iran, INSTEX, in a bid to help operationalize the system, said new INSTEX president on Tuesday. "We have seen some requests from European companies such as one French firm that wishes to sell cattle to Iran,” said INSTEX new president Michael Bock in a meeting with Iranian private sector on Tuesday.