|
Central Bank Of Iran
The Central Bank of the Islamic Republic of Iran (CBI; ; SWIFT Code: BMJIIRTH), also known as ''Bank Markazi'', was established under the Iranian Banking and Monetary Act in 1960. It serves as the banker to the Iranian government and has the exclusive right of issuing banknote and coinage. CBI is tasked with maintaining the value of the Iranian rial and supervision of banks and credit institutions. It acts as custodian of the National Jewels, as well as foreign exchange and gold reserves of Iran. It is also a founding member of the Asian Clearing Union, controls gold and capital flows overseas, represents Iran in the International Monetary Fund (IMF) and internationally concludes payment agreements between Iran and other countries. In November 2023 after 50 years central bank was revamped fully and changed to include Islamic Republic Development Bank. The Central Bank was cyberattacked by IRLeaks in August 2024. The Iranian government was forced to pay ransom to the hacker ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Ownership
State ownership, also called public ownership or government ownership, is the ownership of an Industry (economics), industry, asset, property, or Business, enterprise by the national government of a country or State (polity), state, or a public body representing a community, as opposed to an individual or Private property, private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from Public good, public goods and government services financed out of a Government budget, government's general budget. Public ownership can take place at the Central government, national, regional government, regional, local government, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, Collective ownership, collective/cooperative, and common ownership. In marke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate economic stability, stability. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and poverty reduction, reduce poverty around the world." Established in July 1944 at the Bretton Woods Conference, primarily according to the ideas of Harry Dexter White and John Maynard Keynes, it started with 29 member countries and the goal of reconstructing the international monetary systems, international monetary system after World War II. In its early years, the IMF primarily focused on facilitating fixed exchange rates across the developed worl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lazar Polyakov
Lazar Solomonovich Polyakov (, born 1843 in Dubroŭna – died 1914) was a Russian entrepreneur. Polyakov founded his first bank in 1872 and by the 1890s owned an influential financial group; he was informally named "Rothschild of Moscow". His business collapsed in the early 1900s and was completely disbanded by 1909. Biography Lazar and his brothers, future railroad magnate Samuel Polyakov and banker Yakov Polyakov, were born into the family of a small trader in Dubroŭna. His family was Jewish. Lazar's grandfather had moved from Poland in 1783. "Polyakov" is a Russianized version of "Polyak", which means Pole. Lazar remained in the shadow of his better-known brother and employer Samuel until 1872, when he founded ''L. S. Polyakov Bank'' in Moscow.Brumfield 2001:73 In the 1870s and 1880s Polyakov founded five more commercial banks (in Moscow, Oryol, Saint Petersburg and Odessa) and two mortgage banks (Moscow, Yaroslavl). He remained the principal shareholder and manager ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Empire
The Russian Empire was an empire that spanned most of northern Eurasia from its establishment in November 1721 until the proclamation of the Russian Republic in September 1917. At its height in the late 19th century, it covered about , roughly one-sixth of the world's landmass, making it the list of largest empires, third-largest empire in history, behind only the British Empire, British and Mongol Empire, Mongol empires. It also Russian colonization of North America, colonized Alaska between 1799 and 1867. The empire's 1897 census, the only one it conducted, found a population of 125.6 million with considerable ethnic, linguistic, religious, and socioeconomic diversity. From the 10th to 17th centuries, the Russians had been ruled by a noble class known as the boyars, above whom was the tsar, an absolute monarch. The groundwork of the Russian Empire was laid by Ivan III (), who greatly expanded his domain, established a centralized Russian national state, and secured inde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iranian Qiran
The qiran (; also Romanized ''kran'') was a currency of Iran between 1825 and 1932. It was subdivided into 20 ''shahi'' or 1000 ''dinar'' and was worth one tenth of a toman. The rial replaced the qiran at par in 1932, although it was divided into one hundred (new) dinar The dinar () is the name of the principal currency unit in several countries near the Mediterranean Sea, with a more widespread historical use. The English word "dinar" is the transliteration of the Arabic دينار (''dīnār''), which was bor ...s. Despite the qiran no longer being an official denomination, the term still enjoys wide usage among Iranians. Value From 1874 to 1895, the value of the qiran depreciated by half relative to sterling, from 1 qiran equal to 9.6 d. (25 qirans for £1 stg) to 4.8d. (50 qirans for £1 stg), which then kept that value for the next few years. In 1930, it was pegged to sterling at 59.75 qirans = £1 stg, although a regulated parallel market existed where the price of st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Formation
Capital formation is a concept used in macroeconomics, national accounts and financial economics. Occasionally it is also used in corporate accounts. It can be defined in three ways: *It is a specific statistical concept, also known as net investment, used in national accounts statistics, econometrics and macroeconomics. In that sense, it refers to a measure of the ''net additions'' to the (physical) capital stock and flow, stock of a country (or an economic sector) in an accounting interval, or, a measure of the amount by which the total physical capital stock ''increased'' during an accounting period. To arrive at this measure, standard valuation principles are used. *It is used also in economic theory, as a modern general term for capital accumulation, referring to the total "stock of capital" that has been formed, or to the growth of this total capital stock. *In a much broader or vaguer sense, the term "capital formation" has in more recent times been used in financial economi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iranian Toman
The Iranian toman (, pronounced ; from Turko-Mongolian ''tümen'' "unit of ten thousand", see the unit called tumen) is a superunit of the official currency of Iran, the rial. One toman is equivalent to 10 (old), or 10,000 (new, official) rials. Originally, the toman consisted of 10,000 dinars. Between 1798 and 1825, the toman was also subdivided into eight rials, each of 1,250 dinars. In 1825, the qiran was introduced, worth 1,000 dinars or one-tenth of a toman. In 1932, the rial replaced the qiran at par, with one toman being equal to 10 rial. Colloquially, the toman is more used than the rial. Coins Iranian gold coins were denominated in toman, with copper and silver coins denominated in dinar, rial or qiran. During the period of hammered coinage, gold toman coins were struck in denominations of , , 1, 2 and 10 toman, and later , 3 and 6 toman. With the introduction of milled coinage in AH1295, denominations included , , 1, 2, 5, 10, and 25 toman. The last gold toman were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qajar Iran
The Guarded Domains of Iran, alternatively the Sublime State of Iran and commonly called Qajar Iran, Qajar Persia or the Qajar Empire, was the Iranian state under the rule of the Qajar dynasty, which was of Turkic peoples, Turkic origin,Cyrus Ghani. ''Iran and the Rise of the Reza Shah: From Qajar Collapse to Pahlavi Power'', I. B. Tauris, 2000, , p. 1William Bayne Fisher. ''Cambridge History of Iran'', Cambridge University Press, 1993, p. 344, Dr Parviz Kambin, ''A History of the Iranian Plateau: Rise and Fall of an Empire'', Universe, 2011, p.36online edition specifically from the Qajar (tribe), Qajar tribe, from 1789 to 1925. The Qajar family played a pivotal role in the Unification of Iran (1779–1796), deposing Lotf 'Ali Khan, the last Shah of the Zand dynasty, and re-asserted Iranian sovereignty over large parts of the Caucasus. In 1796, Agha Mohammad Khan Qajar seized Mashhad with ease, putting an end to the Afsharid dynasty. He was formally crowned as Shah after his Batt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imperial Bank Of Persia
The Imperial Bank of Persia () was a British bank that operated as the central bank and bank of issue in Iran (formerly known as Name of Iran, Persia until 1935) between 1889 and 1929. It was established in 1885 with a concession from the Persian government to Paul Reuter, Baron Julius De Reuter (born Israel Beer Josaphat) a German–Jewish banker and businessman who later became a Christian and a British subject. The bank was the first modern bank in Iran and introduced European banking ideas to a country in which they were previously unknown. The legal centre of the bank was in London and whilst it was subject to British law, its activities were based in Tehran. It also had operations in other Middle Eastern countries. It was later named British Bank of the Middle East (BBME) and is now called HSBC Bank Middle East, HSBC Bank Middle East Limited. After the Iranian Revolution of 1979, all the Iranian activities of this bank were transferred to Bank Tejarat. Background and histor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Song Dynasty
The Song dynasty ( ) was an Dynasties of China, imperial dynasty of China that ruled from 960 to 1279. The dynasty was founded by Emperor Taizu of Song, who usurped the throne of the Later Zhou dynasty and went on to conquer the rest of the Five Dynasties and Ten Kingdoms period#Ten Kingdoms, Ten Kingdoms, ending the Five Dynasties and Ten Kingdoms period. The Song frequently came into conflict with the contemporaneous Liao dynasty, Liao, Western Xia and Jin dynasty (1115–1234), Jin dynasties in northern China. After retreating to southern China following attacks by the Jin dynasty, the Song was eventually conquered by the Mongol-led Yuan dynasty. The History of the Song dynasty, dynasty's history is divided into two periods: during the Northern Song (; 960–1127), the capital was in the northern city of Bianjing (now Kaifeng) and the dynasty controlled most of what is now East China. The #Southern Song, 1127–1279, Southern Song (; 1127–1279) comprise the period following ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ilkhanate
The Ilkhanate or Il-khanate was a Mongol khanate founded in the southwestern territories of the Mongol Empire. It was ruled by the Il-Khans or Ilkhanids (), and known to the Mongols as ''Hülegü Ulus'' (). The Ilkhanid realm was officially known as the Land of Iran or simply Iran. It was established after Hulegu Khan, Hülegü, the son of Tolui and grandson of Genghis Khan, inherited the West Asian and Central Asian part of the Mongol Empire after his brother Möngke Khan died in 1259. The Ilkhanate's core territory was situated in what is now the countries of Iran, Azerbaijan, and Turkey. At its greatest extent, the Ilkhanate also included parts of modern Iraq, Syria, Armenia, Georgia (country), Georgia, Afghanistan, Turkmenistan, Pakistan, part of modern Dagestan, and part of modern Tajikistan. Later Ilkhanid rulers, beginning with Ghazan in 1295, converted to Islam. In the 1330s, the Ilkhanate was ravaged by the Black Death. The last ilkhan, Abu Sa'id Bahadur Khan, died in 133 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
