Ban on Credit Rating Platforms Revoked

The Central Bank of Iran has cancelled its decision announced last week to impose restrictions on third-party credit rating platforms, allowing them to resume services as the representative of the Iran Credit Scoring Institution (ICSI).
According to Way2pay website, CBI's decision was criticized by experts and market observers including the head of the Tehran ICT Guild Organization, who censured the move as “hasty”. 
The CBI revoked the ban on Wednesday in line with its policy to support credit rating platforms. Vahid Abbaszadeh, the ICSI chief confirmed to Way2pay that its services are again available to the public.