Iran's Plan and Budget Organization Roadmap for Banking Reforms

The Plan and Budget Organization has released an analytical report on the performance of banks in fiscal 2017-18.
It gives poor marks to the banks’ overall performance in comparison to their international peers and puts the blame squarely on the capital inadequacy of lenders and their inability to recover their non-performing loans. 
Among other things, the PBO reckons low capital base, shareholders' aversion to increasing the capital of banks, flawed capital adequacy rules, obscure banking financial statements, declining profits, mounting accumulated losses plus inappropriate methods of capital increase used by banks as the most important reasons behind the capital inadequacy of banks.