Iran's CB: Start Cleaning Up Balance Sheets

The Governor of Central Bank of Iran Akbar Komijani has again called on banks to exercise a robust control over their books.
Addressing senior bank managers on Tuesday, Komijani said weak balance sheets have dire macroeconomic consequences in the long-term.
“Banks need to clean up their balance sheets [needless to say] weak balance sheets will have long-term impacts on macroeconomic factors, such as money supply and inflation,” he was quoted as saying by the CBI website.