Iran merging military-linked banks to stabilize sector

  • 📰 Reuters
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They FIGHT ISIS and Al Qaeda, we FUND ISIS and Al Qaeda. There's no comparison between our 2 governments as it relates to military behavior.

Are those printers available for other currencies than the Arabic shown?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Iran's Rouhani stands by moderate ally Zarif after surprise resignationPresident Hassan Rouhani stood behind one of his highest profile allies in Iran&... Iran..Sooner or later would be a very moderate country. they are sick of that Islamic terror narrative and it's time the brilliant people of Iran throw that gabe away... Long Live Prosper 'Republic of Iran' The curse of the blood of the hundreds of thousands of syrians who they killed with thier malitia or by backing Assad's regime will haunt them for ever ...and i hope it breaks thier country to a million pieces. .. Moderate ? They are all the same
Source: Reuters - 🏆 2. / 97 Read more »

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.
Source: trtworld - 🏆 101. / 63 Read more »

Iran condemns Britain for listing ally Hezbollah as 'terrorist' groupIran criticized Britain for its decision to list Hezbollah as a terrorist organi... Nothing good ever comes from a group of men getting together and raising their fists in unison Truth hurts, cry me a river. Ok thats fair. Does that mean the UK can create a militia group that will control half of Iran? This is some crazy shit even for Iranian religonazis.
Source: Reuters - 🏆 2. / 97 Read more »

Iran's president faces calls to resign over economic crisisTEHRAN, Iran (AP) — As Iran marked the 40th anniversary of its Islamic Revolution, a white-turbaned Shiite cleric at one commemoration targeted President Hassan Rouhani, a fellow clergyman, with... How about Donnie resigns and we’ll call it good? Battered by Trump isn't the reason...Rouhani has his issues, but....everybody universally knows Trump is an idiot so being his profound nemesis doesnt hurt him If he resigns you are likely to get a hardliner in his place,thanks in part to Trumps actions.
Source: AP - 🏆 728. / 51 Read more »

Opinion | Wise Rethink on SyriaOpinion: The bad news about Donald Trump’s foreign policy is that he often makes damaging comments on impulse, but the good news is that he can be persuaded to change his mind Just like a toddler, now I'm filled with confidence in him. To paraphrase Bismarck, Syria is not worth the bones of one American soldier.. The psychopathy on display at the WSJ is sickening and inhuman. You lied us into so many wars and now you're lying to keep us in them when we finally have a chance to do the right thing and stop participating in the bloodshed. Millions of dead are on your hands. Never forget.
Source: WSJ - 🏆 98. / 63 Read more »

Iran says it has many options to neutralize 'illegal' U.S. sanctions: TasnimIran said on Saturday it had many options to neutralize the reimposition of U.S.... Bribe like they have been doing?
Source: Reuters - 🏆 2. / 97 Read more »

Trump admin's social media campaign against Iran divides diplomatsJaws dropped at the State Department last November when President Donald Trump tweeted a 'Game of Thrones'-style poster warning Iran that 'Sanctions are coming.' Fake news. I can't even remember the White House mentioning Iran this year. The media goes on about it and doesn't want us to forget about it though. Their shareholders want war, because they also own the military and reconstruction service providers Trump would piss down his leg if he met a Dothraki.
Source: CNN - 🏆 4. / 95 Read more »

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. This person cry like a baby. Satanyahu is a liar, war criminal and a bloody terrorist.. Palestinians want to remove all foreign barbarians (Caucasian Jews) from their soil as well. 'Wherever Europeans trod, death pursues the indigenous people.' ... Charles Darwin AIPAC
Source: trtworld - 🏆 101. / 63 Read more »

Israeli PM vows to bar Iran from securing presence in SyriaThrow Trump in there and you’ve got the three stooges. I just came here to listen to AntiSemitic comments from Democrats who hate the nation of Jews. THE BACKSTABBER IN ACTION.🤣🤣🤣🤣😆😂🤣🧐
Source: ABC - 🏆 471. / 51 Read more »

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. Let’s give them a few more pallets of cash that should stop them War looks a little different these days.
Source: NBCNews - 🏆 10. / 86 Read more »