Business And Markets
0

Lenders Under Central Bank of Iran Scrutiny for Ratings

Banks Under CBI Scrutiny for RatingsBanks Under CBI Scrutiny for Ratings

The Central Bank of Iran has resumed rating lenders based on their performance in corporate governance and the level of their progress in digital banking, according to a CBI official familiar with the matter. 
“Ranking banks is underway but the CBI is not allowed to publicize it,” the unnamed official told Mehr News Agency. 
As part of the process, lenders have submitted their performance reports to the CBI and the issue is being pursued by the CBI governor, Abdolnasser Hemmati, the unnamed official said. 
As per the roadmap, there is no universal procedure for ranking banks and the regulator decides the health of a lender on a case-by-case basis.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com