Iran's Central Bank Governor has been summoned by Parliament after reports surfaced of major loans being granted by the country's banks to their own employees and subsidiaries. Earlier, in ...
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Sepah Bank – Involved In
Why the Iranian economy is in tatters
Iranian Foreign Affairs Commentator and research analyst Cyrus Yaqubi have written an op-ed about the Iranian economy, where he spoke about how the crisis has been made worse under ...
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Iranian central bank announces takeover of militia-owned banks
Iran’s central bank governor has announced that two commercial banks owned by a paramilitary organisation will merge with a state-owned lender.
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Central Bank of Iran to merge several military-owned banks amid economic crisis
The Governor of the Central Bank of Iran (CBI) announced on Monday that two banks owned by the country's armed forces will be merged into Sepah Bank in the ...
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Germany allows Mullahs Terror banks amid coronavirus
While the attention of the international community has been directed towards the battle against the coronavirus pandemic, German Chancellor Angela Merkel's government appears to be allowing Iran's sanctioned banks ...
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Bad elements in Iran Funneling Money into Europe through Bank Sepah
The merger of all the banks that were owned by the Iranian security forces into Bank Sepah have turned this bank into the financial arm of all Iranian security ...
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