Central Banks

Central Bank of the Islamic Republic of Iran

The Central Bank of the Islamic Republic of Iran is the central bank of Iran

The Central Bank of the Islamic Republic of Iran is the central bank of Iran. The Central Bank of Iran (CBI) was established in 1960 (1339 solar year). As stated in the Monetary and Banking Law of Iran (MBAI), the Central Bank of Iran is responsible for designing and implementing government bank accounts, which are tasked with managing government accounts and granting loans and credit to state-owned enterprises and institutions. The Central Bank of Iran also includes functions such as providing loans to banks, buying and selling government participation documents and other legitimate banking operations, monetary and credit policies with due regard to the country's overall economic policy.
The Islamic Republic of Iran (Islamic Republic of Iran), referred to as Iran, is a Middle Eastern country located in western Asia, with the capital Tehran. The currency used in Iran is the Iranian Rial, code IRR.

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