Business And Markets

CBI Says Resolute on Reforms

CBI Says Resolute on Reforms
CBI Says Resolute on Reforms

Central bank Governor Ali Salehabadi said Tuesday the regulator is in the process of reforming regulations to help ease the people's access to financial services. 
"Banks must prioritize funding manufacturing companies and we also need to reform the banking system in accord with Islamic principles," Salehabadi was quoted as saying by IRNA in a meeting with economists on Tuesday. 
Earlier this week, President Ebrahim Raisi in talks with  CEOs of banks underscored the pressing need for effective changes in the banking sector that has long been under systemic criticism.


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