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Due to banking system constraints, the National Bank carried out all duties of Central Bank in the economy before 1956. After establishment of Central Bank of Iran, the duties were assigned to this bank. The last registered capital of National Bank was 198 thousand and 565 billion and 600 million Rials in June 2017. [15]
Bank Melli Iran (aka National Bank of Iran), with nearly $9 billion, had the biggest debt followed by Bank Sepah, Iran's oldest, with about $4.8 billion. Bank Maskan, Bank Keshavarzi, Bank of Industry and Mines and the Export Development Bank of Iran were next with the respective debts of $4.7, $4.1, $3.5 and $1.1 billion.
Shetab was introduced in 2002, and now all card issuing banks in Iran are required to connect to the system. [2]In 2005, the government obliged the Central Bank of Iran and the Iranian banks, mostly state owned, to set up all the necessary infrastructures (regulatory, hardware, software) for fully launching e-money in Iran by March 2005.
Bale Messenger (Persian: پیامرسان بانکی بله, Yes) is an Iranian instant messaging (IM), voice-over-IP (VoIP) service, social media platform, and mobile payment app developed by the National Bank of Iran. [2]
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The Central Bank of the Islamic Republic of Iran (CBI; Persian: بانک مرکزی جمهوری اسلامی ايران, romanized: Bank Markazi-ye Jomhuri-ye Eslāmi-ye Irān; SWIFT Code: BMJIIRTH), also known as Bank Markazi, was established under the Iranian Banking and Monetary Act in 1960, it serves as the banker to the Iranian government and has the exclusive right of issuing banknote ...
Security Printing and Minting Organization (SPMO; Persian: سازمان تولید اسکناس و مسکوک, romanized: sāzmān-e towlid-e eskenās va maskuk, lit. 'Bills and Coins Production Organization') [6] is a subsidiary of the Central Bank of Iran responsible for design, production and elimination of banknotes and coinage in Iran under the exclusive authority.
He was also governor of National Bank of Iran from 2003 to 2007. He was nominated as governor of Central Bank of Iran by the bank's board of directors and was accepted by President Hassan Rouhani. He was officially appointed on 2 September 2013 and quickly hinted that interest rates should rise in order to control inflation in the country. [2]