Business And Markets
0

CBI Changes Tack on Interbank Lending   

CBI Changes Tack on Interbank Lending   
CBI Changes Tack on Interbank Lending   

The Central Bank of Iran has announced new guidelines for borrowing from the interbank market using collateral. 
As per the instructions posted on the CBI website, lending to banks or opening credit lines for them by the CBI is possible only with appropriate collateral.
Collateral are of different types, but the regulator has given priority to some. Government-issued securities, foreign currency, gold, corporate bonds, shares and real estate are apparently preferred by the CBI. Equities and real estate have the lowest priority.  

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com