Call for Promoting Competitive Banking
Call for Promoting Competitive Banking

Call for Promoting Competitive Banking

Call for Promoting Competitive Banking

The governor of the Central Bank of Iran has called for promoting competition in the banking system, cautioning that unhealthy rivalry can lead to unsatisfactory repercussions.”Empowering a spirit of positive competition in the banking system is among suitable solutions to break away from the current situation,” Valiollah Seif was also quoted as saying by CBI’s official news website. “On this path, it is necessary for the international body of banks to reinforce their dynamism and innovation, and restart providing their services to the country’s foreign trade sector.” Seif made the statements in the latest meeting of the Coordination Council of Public-Sector Banks held on Wednesday at the CBI headquarters. Chief executives of major state banks were present to discuss the main issues facing the banking system, namely maintaining a balance in the expenditure and assets of banks, interest rates and presentation of the banking system in the media.


Short URL : https://goo.gl/TyoJDC
  1. https://goo.gl/Viisu8
  • https://goo.gl/6gd1AL
  • https://goo.gl/K0sTwn
  • https://goo.gl/ox5VGf
  • https://goo.gl/1BGdrQ

You can also read ...

Forex Rates Jump After Gov’t Stops Cheap Currency Allocation
Foreign exchange rates in the unofficial market registered...
Int’l Airlines’ Presence in Iran Boosted After JCPOA
A total of 51 foreign airlines are now operating in Iran, up...
Facebook Lures Google Engineer to Head Its Own Chip Development
Facebook Inc. has sent another signal that it is serious about...
US Confiscates 500 Iranian Bitcoins
The US federal government confiscated at least 500 Bitcoins...
Export Billet Prices Increase on Reduced Availability
Iranian export billet prices increased by $5-10 per ton over...
Platform to Promote FATA-IFA Interactions
A new platform has been launched to facilitate interactions...
New MacBook Features Dust-Repelling Keyboard
Apple’s new MacBook Pro keyboards are slightly quieter than...
The private sector completed the construction of 52,081 buildings in H1 2017-18 across all urban areas
The latest data disclosed by the Central Bank of Iran show...

Add new comment

Read our comment policy before posting your viewpoints