Iran Drafts Banking Reform Bill
Iran Drafts Banking Reform Bill

Iran Drafts Banking Reform Bill

Iran Drafts Banking Reform Bill

Central Bank of Iran and the Ministry of Finance and Economic Affairs have finalized the long-awaited banking reform bill, said CBI’s deputy for supervisory affairs, Farshad Heydari, adding that the bill will be sent to the Majlis in the coming days. The official noted that the banking sector is in need of clear regulations to promote its sustainability and financial stability, IRIB news reported Tuesday. Simplifying banking services, improving efficiency, adjusting interest rates with real economic conditions and upholding Islamic banking norms are among the main measures envisioned in the bill. Iran’s Banking Law was approved in 1983 and has never been revised. Last week, Mohammad Reza Pour-Ebrahimi, a senior lawmaker, said that Majlis will pass the bill by the end of current fiscal year (March 2017).


Short URL : https://goo.gl/XM7AWw
  1. https://goo.gl/kR05Un
  • https://goo.gl/jYPbZW
  • https://goo.gl/4nP29C
  • https://goo.gl/ESZgFg
  • https://goo.gl/MXSXDD

You can also read ...

US Sanctions on Iran Affect Trade With UAE
The latest US sanctions against Iran are forcing many Iranian...
New Government Policies Reduce Forex Demand
The implementation of new foreign exchange policies by the...
Failure to Safeguard Iran Deal Will Show EU Still a Paper Tiger
Just a few weeks ago, it seemed that the Iran nuclear deal...
Iraq to Respect Dollar Ban But Not All US Sanctions on Iran
Iraqi Prime Minister Haider al-Abadi stepped back from his...
Gold Coin Gains
The benchmark Bahar Azadi gold coin gained on Tuesday, as both...
Indian Tea Exporters Seeking Special Exchange Rate From Iran
The Indian tea industry has sought a special exchange rate...
Nvidia Rolls Out New Chip Technology for Filmmakers
Nvidia Corp on Monday released a new generation of chips aimed...
Google Tracks Your Movements, Like It or Not
Google wants to know where you go so badly that it records...

Add new comment

Read our comment policy before posting your viewpoints