Disciplinary measures taken by the Central Bank of Iran has to some degree improved the balance sheets of banks, head of the CBI Department for Health Assessment said.
“Regular monitoring of the CBI and its disciplinary measures has helped curb the growth of bank balance sheets,” Aliakbar Miremadi was quoted as saying by the CBI website.
Earlier restrictions banned lenders from allowing more than 2% growth in their balance sheets.
“That paved the way for accelerating money supply growth,” Miremadi said.
June 29, 2022 11:06
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