Head of the judiciary-affiliated General Inspection Organization of Iran (GIO) has ordered its inspectors to closely examine the performance of banks.
Zabihollah Khodaiyan underlined the need and necessity for the inspecting authority to look into key issues of banks and avoid getting preoccupied with anachronistic concerns, the GIO website reported.
He pointed to lenders’ oft-censured controversial role in non-banking activities and big dubious loans as major issue of concern.
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