Former governors of Central Bank of Iran have opposed parliamentary discussion of a controversial banking bill and asked lawmakers to stop the process.
In a letter to Majlis Speaker Mohammad-Baqer Qalibaf, the former senior bankers, including Mahmood Bahmani, Valiollah Seif, Mohammad Hossein Adeli, Ali Akbar Komijani and Tahmasb Mazaheri along with a number of senior experts say the current legislation must be divided into at least three independent bills drafted by the CBI, ISNA reported
The current bill is inclusive dubbed as the “Comprehensive Islamic Republic Banking Bill”, which integrates four basic banking rules, namely Monetary and Banking Act, Law for Usury Free Banking, Management of Banking Affairs Act and the Law for Establishing Nongovernment Banks.
August 19, 2022 23:23
0
Former CBI Chiefs Oppose Majlis-Backed Banking Bill
Experts say the proposed bill is controversial lacks initiative in dealing effectively with usury-free banking and only peripherally addresses this key issue, which has long been a major problem of the current banking rules
You can also read ...
Add new comment