Iran is merging four military-linked banks and another financial institution wit...
FILE PHOTO - A money dealer counts Iranian rial banknotes in his office in Baghdad January 30, 2012. REUTERS/Saad Shalash - Iran is merging four military-linked banks and another financial institution with the country’s oldest bank to boost efficiency and help stabilize the sector, the central bank said on Saturday, as the economy reels under U.S. sanctions.
The merger would create “a stable and more efficient single bank to provide better services to the families of the armed forces and the general public”, the central bank said in a statement quoted by state news agency IRNA. President Donald Trump reimposed U.S. sanctions last May after pulling out of the 2015 Iran nuclear deal. The sanctions have shaken the economy and pushed the currency to record lows, disrupting foreign trade and helping boost annual inflation fourfold to nearly 40 percent in November.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Iran's Rouhani stands by moderate ally Zarif after surprise resignationPresident Hassan Rouhani stood behind one of his highest profile allies in Iran&...
और पढो »
Assad visit to Iran a show of loyalty despite efforts by US and IsraelAs the US and Israel galvanise support to oust Iran from Syria, Bashar al Assad makes an appearance in Tehran flaunting the strength of Syria-Iran ties.
और पढो »
Iran condemns Britain for listing ally Hezbollah as 'terrorist' groupIran criticized Britain for its decision to list Hezbollah as a terrorist organi...
और पढो »
Israeli PM vows to bar Iran from securing presence in SyriaPrime Minister Benjamin Netanyahu also proposed to set up a team with others to reach the goal of removing from Syria all foreign forces on its soil and returning the foreign troops situation to what it was before the start of the civil war.
और पढो »
Iran-backed hackers hit both U.K., Australian parliaments, says reportThe Iranian-backed hackers who stole personal data on Australian lawmakers earlier this year are the same group that attacked the British Parliament in 2017, according to new research by a cybersecurity firm.
और पढो »