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Iranian Psps Among Global Acquirers
!"#$ % & ' ( # Login $ Register Search ... % & SUBSCRIBE TUESDAY October, 08 2019 " NATIONAL ENERGY ECONOMY BUSINESS & MARKETS AUTO Time TRAVEL SCI-TECH ! Business And Markets ! October 07, 2019 19:21 11 Iranian PSPs Among Global Acquirers The 11 acquirers from Iran handled only debit card payments for the domestic market. Credit cards are not issued in Iran and are very rare Today`s Top Stories 11 Iranian PSPs Among Global Acquirers !. ". #. $ '.. leven Iranian payment service provider companies are among the world’s top 150 E acquirers, according to the latest report by Nilson Report Magazine, a journal specializing in $ payment industry news and statistics. SCI Report: Behpardakht Mellat, affiliated to Bank Mellat, ranked Spendin 1 15th on the list with over 4.3 billion transactions in g 2018. The company improved one notch over its 16th Inequali place in 2017. ty With 3.6 billion transactions, Saman Bank’s E-Payment Widens Company ranked 19th in 2018, improving 4 places over Between its position in 2017. Rich and Asan Pardakht Persian ranked 22th, rising 3 places Poor compared with its previous standing at 25 in 2017. Parsian E-Commerce Company, an affiliate of Parsian 11 Iranian PSPs Bank, currently on 27th position rose from 28th in Among Global 2 Acquirers 2018. The payment company processed 2.9 billion transactions in the year. $ Iran's Q2 Iran Kish Credit Card Company handled 1.8 billion Unemploymen 3 t Drops 1.8% to transactions and took 33th spot in the new ranking. The 10.5% company registered a dramatic improvement, up 9 slots from 42 in 2017. -
An Assessment of Valuation Methods of Stock Initial Public Offerings on Tehran Stock Exchange
International Journal of Academic Research in Business and Social Sciences 2017, Vol. 7, No. 4 ISSN: 2222-6990 An Assessment of Valuation Methods of Stock Initial Public offerings on Tehran Stock Exchange Mohammad Kheiry 1, Sima Golozar 2,*, Ali Amiri 3 1 Department of Economic, Accounting and Management, Payam Noor University, Tehran, Iran. Kheiry Email: [email protected] 2,* Postgraduate student of Financial Management, Qeshm Institute for Higher Education, Qeshm, Iran. Email: [email protected] 3 Department of Accounting, college of human science, Bandar Abbas, Islamic Azad University, Bandar Abbas, Iran. Email: [email protected] DOI: 10.6007/IJARBSS/v7-i4/2822 URL: http://dx.doi.org/10.6007/IJARBSS/v7-i4/2822 Abstract Every day hundreds of companies all over the world are entering capital market for the first time by issuing stocks. By doing so, they decide to invest capital necessary for continuing activity and expanding operations accordingly. For this reason, it is important to the companies that price specified for their stock demonstrate real value of assets and their growth and development opportunities in the future. The purpose of this research is to study valuation methods of stock initial public offerings at the Tehran Stock Exchange. Population and study sample consisted of firms publicly offered their stocks for the first time at Tehran Stock Exchange during 2009-2014, and experienced no trading halt, i.e. 45 companies of which seven companies were eliminated due to lack of trading on the stock exchange and 38 firms were chosen. The research method is correlational-descriptive and the research is an applied research by purpose. -
Federal Register/Vol. 83, No. 221/Thursday, November 15, 2018
Federal Register / Vol. 83, No. 221 / Thursday, November 15, 2018 / Notices 57529 (dba Ameron Missouri) for use as sub- placed on OFAC’s Specially Designated Street 8th, Ghaem Magham Farahari Ave., station. On October 22, 2018, the FAA Nationals and Blocked Persons List (the Tehran 1586868513, Iran; website determined that the request to release ‘‘SDN List’’) based on OFAC’s www.calcimin.com; Additional Sanctions property at the St. Louis Lambert determination that one or more Information—Subject to Secondary Sanctions [SDGT] [IFSR] (Linked To: IRAN ZINC International Airport (STL) submitted applicable legal criteria were satisfied. MINES DEVELOPMENT COMPANY). by the Sponsor meets the procedural All property and interests in property Designated pursuant to section 1(c) of E.O. requirements of the Federal Aviation subject to U.S. jurisdiction of these 13224 for being owned or controlled by IRAN Administration and the release of the persons are blocked, and U.S. persons ZINC MINES DEVELOPMENT COMPANY, a property does not and will not impact are generally prohibited from engaging person determined to be subject to E.O. future aviation needs at the airport. The in transactions with them. 13224. 4. QESHM ZINC SMELTING AND FAA may approve the request, in whole DATES: See SUPPLEMENTARY INFORMATION or in part, no sooner than thirty days REDUCTION COMPANY (a.k.a. QESHM section for applicable date(s). ZINC SMELTING AND REDUCTION after the publication of this Notice. FOR FURTHER INFORMATION CONTACT: COMPLEX), 20 Km Dargahan-to-Loft Road, The following is a brief overview of OFAC: Associate Director for Global Qeshm Island, Hormozgan, Iran; website the request: Targeting, tel.: 202–622–2420; Assistant www.gzsc.ir; Additional Sanctions St. -
Impact of Speculative Bubble on Stock Returns in Companies Listed on Tehran Stock Exchange
Advances in mathematical finance Published by IA University of & applications, 3 (4), (2018), 115-127 Arak, Iran DOI: 10.22034/AMFA.2019.553492.1089 Homepage: www.amfa.iau- arak.ac.ir Impact of Speculative Bubble on Stock Returns in Companies Listed on Tehran Stock Exchange Soheil Ali, Hadi Yazdi* Department of accounting, Faculty of Management, Islamic Azad University, Arak,Iran ARTICLE INFO ABSTRACT Article history: Recent studies show that individual investors tend to speculate on stock markets Received 2 November 2017 and hold shares with a lottery-like return. For this speculation of people have a Accepted 10 October 2018 significant impact on stock returns, individual investors must trade the same shares with the same time. The purpose of this study was to investigate the effect Keywords: of the speculative bubble on the stock returns of companies in Iran. Following the stock returns design of the speculative bubble specification indexes, the transaction information speculative bubbles was collected from the stock market in the five-year period from 2011 to 2015 and market downswing a sample of 106 companies was selected by systematic elimination method, which totaled 530 year-company. In this research, linear regression and correlation anal- ysis were used to analyze the hypotheses of the research. To analyze the data and test the hypotheses, Eviews software was used. What can be said in the summing- up and conclusion of the general test of research hypotheses is that there is a spec- ulative bubble in the Tehran Stock Exchange index. In addition, the speculative bubble has an impact on stock returns, and this effect has been confirmed in con- ditions of market boom and downswing. -
Bank Melli Iran :: History
Bank Melli Iran :: History http://www.bmi.ir/En/BMIHistory.aspx?smnuid=10011 | (http://bmi.ir) ر (/ar/Default.aspx) | H me (/En/Default.aspx) About Us () Services () Correspondent Banking () Thursday, (/En/Default.aspx) News (http://www.bmi.ir/En/news.aspx?smnuid=10080) Regulations () A ugust 04, 2016 Units () CONCISE HISTORY OF BANK MELLI IRAN IN THE NAME OF GOD The year 1307(1928) should be regarded as a turning point in Iran's banking and economic history. It was in that year that after nearly 40 years of foreign dominance on the country's banking scene, BankMelli Iran, the first Iranian commercial bank was established and the long cherished aspiration of the Iranian nation turned into reality . With the establishment of Bank Melli Iran and consequential suspension of foreign banks licences, the then disorderly economic trend of the country was reversed and the newly founded bank began to gather momentum in strengthening of the economic structure and development of agriculture, industry and commerce by mobilizing the huge financial resources and popular savings and by chanelling credits toward productive activities. During the 85 year period ensuing the foundation of Bank Melli Iran the country has witnessed a great deal of changes and turnarounds. Bank Melli Iran which had been founded as a result of an economic exigency, developed at later stages into an active and dynamic element assuming an accelerating role in the country’s economic advancement. In the year 1310(1931) parliament granted sole powers to Bank Melli Iran to issue banknotes, thus establishing the bank as the country’s bank of issue. -
Banking in the Middle East
Banking in the Middle East Anwar All* ODERN BANKING in the Middle East dates from the second M half of the last century. The Ottoman Bank in Turkey, estab- lished in 1863, is, perhaps, the oldest modern banking institution in the area. Banking has made slow but steady progress ever since, the progress depending upon the pace of economic development in various countries and of the transition from predominantly barter to semi- market economies. More recently, with the emphasis placed on eco- nomic development in a number of countries, there have been definite efforts to extend banking services and diversify banking institutions. However, the improvement has by no means been uniform. In some countries, for example, a nomadic way of life still survives, and there is no regularly organized banking system or paper currency. Thus, while progress in recent years has been steady, the banking structure of the Middle East still reflects, on the whole, the economic backwardness of the area and the limitations of domestic banking. Various causes have retarded progress in the development of banking. The basic cause has been the primitive, underdeveloped, and, until com- paratively recently, the almost self-contained nature of the economy in many countries of the region. Nearly 80 per cent of the people live upon agriculture and practice primitive methods of cultivation that yield extremely low crops.1 Much of the agricultural produce does not enter the market but is consumed by the producers or bartered for services and other necessities. The monetization of the economy is thus, in varying degrees, incomplete.2 The majority of the countries export primary commodities and are dependent upon imports for most of the finished consumer goods that they need. -
The General Court Annuls the Acts of the Council Freezing The
General Court of the European Union PRESS RELEASE No 99/13 Luxembourg, 6 September 2013 Judgments in Joined Cases T-35/10 and T-7/11 Bank Melli Iran; Case T-493/10 Persia International Bank plc; Joined Cases T-4/11 and T-5/11 Export Development Bank of Iran; Case T-12/11 Iran Insurance Company; Case T-13/11 Post Bank Iran; Case T-24/11 Bank Refah Kargaran; Case T-434/11 Europäisch-Iranische Handelsbank AG; Joined Cases T-42/12 and T-181/12 Naser Bateni; Case T-57/12 Good Luck Shipping, and Press and Information Case T-110/12 Iranian Offshore Engineering & Construction Co. v Council The General Court annuls the acts of the Council freezing the funds of seven companies and one person in connection with the restrictive measures taken against Iran with the aim of preventing nuclear proliferation Bank Melli Iran and Europäisch-Iranische Handelsbank remain on the list of those whose funds are frozen In order to apply pressure on Iran to end its proliferation-sensitive nuclear activities and the development of nuclear weapon delivery systems, the Council of the European Union adopted decisions and regulations freezing the funds of persons and entities identified by the Council as being involved in nuclear proliferation. The persons and entities concerned are named in a list annexed to each of those regulations, together with a statement of the Council’s reasons for including each person or entity. The persons and entities in the cases before the Court had been designated by decisions of the Council as having been involved in Iran’s nuclear programme, and their names were therefore listed in the annexes to the regulations providing for the funds of such persons to be frozen. -
Investigating of Long-Term Performance the Stocksinitial Offeringin Tehran Stock Exchange
Special Issue INTERNATIONAL JOURNAL OF HUMANITIES AND January 2016 CULTURAL STUDIES ISSN 2356-5926 Investigating of long-term performance the stocksinitial offeringin Tehran Stock Exchange Mohammad Ali Molazadeh Department of management Kerman branch islamic Azad University,Kerman,Iran Valiollah Shahbazkhani Department of economic Kerman branch Islamic Azad University, Kerman, Iran. Abstract The aim of this research was to investigate the long-term performance the stocksinitial offering in Tehran Stock Exchange. This research was a kind of study of library and analytical reason and it was based on the ordinary least squares method (analysis of data compilation).In this research the financial information of 24 companies listed on the Tehran Stock Exchange during the period 2010 to 2015 that they had been initial offering were investigated (144 companies - year). To analyze the obtain results of research was used the 12 Stata software. The research results relate to confirming the first hypothesis have shown that the warm and cold type of market in the relationship between the volume of shares offered with the lower valuation of fact have the significant positive impact.Also according to the analysis made in relation to reject the second hypothesis of research reached to this result that there is not a significant relationship between the number of companies that are initial offering with the valuation less than in fact of the Stocks in the previous period. In the following the research results in relate to confirming third hypothesis indicate that there is a significant relationship between the number of companies have Initial offering, with the kind of warm and cold market.Also according to the analysis conducted in relation to confirmation the fourth hypotheses of research conclude that there is a significant relationship between the grouped companies in the same industry in the initial offering with the kind of warm and cold market. -
Iran's Dirty Banking
Tables 5–6 Avi Jorisch TABLE 6: Banks in Europe and Australia Providing Services to UN3* Iranian Banks CORRESPONDENT BANK IRANIAN BANK ACCOUNTS BY CURRENCY** Australia and New Zealand Banking Sepah AUD - SWIFT/BIC: ANZB AU 3M; Account: 710178/00001 Group Limited (Australia) CURRENT A/C No 1 Raiffeisen Zentralbank Österreich Sepah EUR - SWIFT/BIC: RZBA AT WW; Account: 001-50.054.808 AG (Austria) UniCredit Bank Austria AG (Austria) Sepah EUR - SWIFT/BIC: BKAU AT WW; Account: 0001-11583/00 EUR USD - SWIFT/BIC: BKAU AT WW; Account: 0001-11583/00 USD Fortis Bank SA/NV (Belgium) Sepah EUR - SWIFT/BIC: GEBA BE BB 36A; Account: 291-1173303-88-EUR-0 Danske Bank A/S (Denmark) Melli DKK - SWIFT/BIC: DABA DK KK; Account: 3007530897 Sepah DKK - SWIFT/BIC: DABA DK KK; Account: 3007530927 EUR - SWIFT/BIC: DABA DK KK; Account: 3007530927 Bank Melli, Paris Branch (France) Melli EUR - SWIFT/BIC: MELI FR PP; Account: 07000100237-17; IBAN: FR76412590000107000100237-17 Bank Sepah, Paris Branch (France) Sepah EUR - SWIFT/BIC: SEPB FR PP; Account: 00121710032 USD - SWIFT/BIC: SEPB FR PP; Account: 01121710012 Société Générale (France) Sepah EUR - SWIFT/BIC: SOGE FR PP; Account: 002015780790 Bank Melli, Hamburg Branch Melli EUR - SWIFT/BIC: MELI DE HH; Account: 21500/16/504; (Germany) IBAN: DE42202102002150016504 Sepah EUR - SWIFT/BIC: MELI DE HH; Account: 24408 13 504 Bank Saderat, Hamburg Branch Saderat EUR - SWIFT/BIC:BSIR DE HH; Account: 5001-15-4007 (Germany) Bank Sepah, Frankfurt am Main Sepah EUR - SWIFT/BIC: SEPB DE FF; Account: 5010020808EUR (Germany) USD - SWIFT/BIC: SEPB DE FF; Account: 5010020018 BHF-BANK Aktiengesellschaft Sepah EUR - SWIFT/BIC: BHFB DE FF 500; Account: 4400728659 (Germany) Bank Sepah Tehran USD - SWIFT/BIC: BHFB DE FF 500; Account: 0200728659 Bank Sepah Tehran Commerzbank AG (Germany) Sepah EUR -SWIFT/BIC: COBA DE FF; Account: 50040000/400 875 6033 00 EUR * UN3 – One of 3 Iranian banks designated or singled out by UN. -
Federal Register/Vol. 85, No. 63/Wednesday, April 1, 2020/Notices
18334 Federal Register / Vol. 85, No. 63 / Wednesday, April 1, 2020 / Notices DEPARTMENT OF THE TREASURY a.k.a. CHAGHAZARDY, MohammadKazem); Subject to Secondary Sanctions; Gender DOB 21 Jan 1962; nationality Iran; Additional Male; Passport D9016371 (Iran) (individual) Office of Foreign Assets Control Sanctions Information—Subject to Secondary [IRAN]. Sanctions; Gender Male (individual) Identified as meeting the definition of the Notice of OFAC Sanctions Actions [NPWMD] [IFSR] (Linked To: BANK SEPAH). term Government of Iran as set forth in Designated pursuant to section 1(a)(iv) of section 7(d) of E.O. 13599 and section AGENCY: Office of Foreign Assets E.O. 13382 for acting or purporting to act for 560.304 of the ITSR, 31 CFR part 560. Control, Treasury. or on behalf of, directly or indirectly, BANK 11. SAEEDI, Mohammed; DOB 22 Nov ACTION: Notice. SEPAH, a person whose property and 1962; Additional Sanctions Information— interests in property are blocked pursuant to Subject to Secondary Sanctions; Gender SUMMARY: The U.S. Department of the E.O. 13382. Male; Passport W40899252 (Iran) (individual) Treasury’s Office of Foreign Assets 3. KHALILI, Jamshid; DOB 23 Sep 1957; [IRAN]. Control (OFAC) is publishing the names Additional Sanctions Information—Subject Identified as meeting the definition of the of one or more persons that have been to Secondary Sanctions; Gender Male; term Government of Iran as set forth in Passport Y28308325 (Iran) (individual) section 7(d) of E.O. 13599 and section placed on OFAC’s Specially Designated [IRAN]. 560.304 of the ITSR, 31 CFR part 560. Nationals and Blocked Persons List Identified as meeting the definition of the 12. -
Canberra Telexes 30A
... Telex # 1240 Telex # 606 ý,,,9557951=8=4 IGOB76013 *** *+ ý848971 WACUK G ý214474 SHFT IR IN THE NAME OF GOD TO WALLAC {NEWBURY} LTD FM SHARIF UNIV. OF TECH. DEPT: 01 DTD AUG.8.89 MSG.NO.10078.O DEAR SIRS WE WOULD BE PLEASED TO RECEIVE YOUR GENERAL CATALOG AND ALSO MORE DETAILED INFORMATION FOR THE FOLLOWING ITEMS ý1- VARIOUS KINDS OF DETECTORS IN NUCLEAR INDUSTRY FIELD . ý2- SINGEL AND MULTICHANNEL ANALYSERS . ý3. OTHER RELATED INSTRUMENTS IN NUCLEAR PHYSICS AND ENGINEERING . ADRS SHARIF UNIV. OF TECH. DEPT:01 P.O.BOX:16765-1831 TEHRAN IRAN , FAX NO. 009821-908538 ý214474 SHFT IR = ý848971 WACUK G********NNN Telex # 286 T88223155 =+ ý134631 DHLVI A STORED MESSAGE FS.NR.: 004790/HH - 91.06.10/12:53 TO SANDY THR FM HELGA VIE TRC RE UNDEL AWBS 968055340 N AWB 968055373 S PACKARD INSTR C DR A SHAHMORADI PLS DEL SHPMTS AGAIN TO THE UNIVERSITY TO ATTN OF MR DR. ALI AKBAR SAEEHI OR TO THE PURCHASING MGR HOPE THIS HELPS N ADV FINAL DD B RGDS ý134631 DHLVI A *******....= Telex # 299 O88223155 + ý134631 DHLVI A STORED MESSAGE FS.NR.: 004790/HH - 91.06.10/11:12 TO SANDY THR FM HELGA VIE TRC RE UNDEL AWBS 968055340 N AWB 968055373 S PACKARD INSTR C DR A SHAHMORADI CNOR IS CHKG N WL ADV NEW INSTR ASAP B RGDS ý134631 DHLVI A Telex # 287 Telex # 1262 Telex # 1324 MV041416154 + ý416154 SEPAH D ý216579 SEPA IR -=-=-=-=-=-=-=- IN THE NAME OF ALLAH -=-=-=-=-=-=-=-= = CH/TH 178 DD.30/6/96 TEST 26-632 ON 30/6/96 FOR DM.334500/00 WITH OUR H/O . -
Department of the Treasury
Vol. 76 Thursday, No. 126 June 30, 2011 Part IV Department of the Treasury Office of Foreign Assets Control 31 CFR Chapter V Alphabetical Listings: Specially Designated Nationals and Blocked Persons; Blocked Vessels; Persons Determined To Be the Government of Iran; Final Rule VerDate Mar<15>2010 18:07 Jun 29, 2011 Jkt 223001 PO 00000 Frm 00001 Fmt 4717 Sfmt 4717 E:\FR\FM\30JNR3.SGM 30JNR3 srobinson on DSK4SPTVN1PROD with RULES3 38534 Federal Register / Vol. 76, No. 126 / Thursday, June 30, 2011 / Rules and Regulations DEPARTMENT OF THE TREASURY Background additions and deletions of names, as The Department of the Treasury’s well as changes in identifying Office of Foreign Assets Control Office of Foreign Assets Control information, it provides more up-to-date (‘‘OFAC’’) maintains a list of blocked information than the list of persons 31 CFR Chapter V persons, blocked vessels, specially previously published on an annual basis designated nationals, specially at Appendix A. Alphabetical Listings: Specially Persons engaging in regulated Designated Nationals and Blocked designated terrorists, specially designated global terrorists, foreign activities are advised to check the Persons; Blocked Vessels; Persons Federal Register and the most recent Determined To Be the Government of terrorist organizations, and specially designated narcotics traffickers whose version of the SDN List posted on Iran OFAC’s Web site for updated property and interests in property are information on blocking, designation, blocked pursuant to the various AGENCY: Office of Foreign Assets identification, and delisting actions economic sanctions programs Control, Treasury. before engaging in transactions that may administered by OFAC. OFAC be prohibited by the economic sanctions ACTION: Final rule.