Valiollah Seif, the governor of the Central Bank of Iran (CBI), says a plan is on agenda to issue foreign currency bonds in an effort that he says is meant to ease the current fluctuations in the forex market.

A top European financial supervisor has said that so far a dozen banks are making definite plans to expand their business in the eurozone ahead of Britain's departure from the European Union.

Iraqi lawmakers vote to end sanctions on Kurdistan region's banks.

Assadollah Asgaroladi, the head of Iran-China Joint Chamber of Commerce, says the central bank of China has given the green-light to a plan by certain Iranian businesses to purchase the shares of Chinese banks.    

Iran and Italy have signed a major framework credit agreement worth €5 billion which Tehran says is the biggest ever such agreement signed with a European country.  

Iran and Italy will sign a basic agreement based on which Italian companies would receive €5 billion in loans for their investments in Iran’s development projects.

Iran’s Minister of Economy and Financial Affairs Masoud Karbasian says a recent agreement with Russia over the creation of a credit line to fund Iranian projects will help promote trade between the two countries.

Concerns are growing over the rising number of bad loans in India with financial institutions warning that this could eventually create a shock to the global banking system.

The Central Bank of Iran says Tehran and Moscow are working on plans to connect their banking systems in a joint effort to dodge America’s financial sanctions.

Switzerland's financial market regulator says the local division of J.P. Morgan "seriously breached" anti-money laundering rules relating to a corruption scandal surrounding a Malaysian state fund.