Iran's CB to Control Lending to Curb Money Supply

The Central Bank of Iran said its next step toward controlling broad money will be robust monitoring of lending by banks.
The regulator wants to tap existing electronic platforms to control lending, namely the “Centralized Database for Loans and Commitments” known by its Persian acronym Samat, an informed CBI official told the semi-official Fars News Agency.
“One CBI measure is to start online control on money issuance by banks via Samat,” the unnamed source said. “By doing so, the Samat system will electronically block lenders from processing and registering loan applications beyond the ceiling set by the regulator”.