Economy, Business And Markets

Call for Relaxed Loan Terms

Call for Relaxed Loan TermsCall for Relaxed Loan Terms

Majlis Speaker Ali Larijani asked bankers to set easier repayment terms for debtors and forgive fines for late loan repayment, especially for creditworthy customers. quoted Larijani as saying during a meeting with executives of state-owned banks late Wednesday that regulations allow the banking sector to ease loan terms. He also urged banks to provide customers with interest-free loans to help them solve their problems.