Following mounting calls for publicly naming big defaulters, several banks published lists of some debtors on Sunday and the Central Bank of Iran said more is on the way.
Bank Melli Iran, the country’s largest state-run lender, was the first to publish a list on Saturday. Several others followed suit.
Bank Maskan, Bank Keshavarzi and Post Bank were the three state-owned banks that published the names of loan defaulters that were in arrears worth at least 1 trillion rials ($3.7 million).
Bank Refah Kargaran, Bank of Industry and Mine and the semi-private Tejarat Bank gave out their lists on Sunday.
April 10, 2022 20:55
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Banks Start Publicly Naming Big Defaulters
Mostafa Qamari-Vafa, head of the CBI public relations department in note said the regulator will soon publish a comprehensive list naming and shaming all those who took out unusually large loans and never paid back
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