75840
2nd Phase of Banks’ Productivity Control in January
Economy, Business And Markets

2nd Phase of Banks’ Productivity Control in January

The second phase of the project to assess the productivity of Iranian banks will start in January, the head of the National Iranian Productivity Organization announced.
“Management of the cycle of productivity is being assessed in Bank Pasargad Iran, but to do it completely and properly, we are going to need more time than it was initially planned for the first phase ending Dec. 21, while we have the same issue in other projects,” Roya Tabatabaei also told IBENA on Tuesday.
She hoped that as the project resumes in the coming winter, the organization will be able to continue its productivity assessment project, preferably in Bank Pasargad.
A few months ago, the official had announced that 30 major enterprises, including banks, have been targeted to achieve full efficiency while two banks (that were not named) have entered the process.
According to Tabatabaei, a few banks like Bank Pasargad have been making preparations for their productivity assessment, but implementing a new system for them has hit roadblocks.
“Bank Pasargad is interested in taking measures regarding reduction of its non-performing loans and in line with that, the bank is consulting our organization’s experts in Amir Kabir University,” she said.

 

Short URL : https://goo.gl/nS39E6
  1. https://goo.gl/DohL43
  • https://goo.gl/1dL4cX
  • https://goo.gl/naqd9M
  • https://goo.gl/WpoNKD
  • https://goo.gl/sy6A5n

You can also read ...

Iran to Send More Flour to Iraq via Russia Wheat Deal
Iran is negotiating a wheat import deal with Russia that would...
Forex Rates Tumble
The Central Bank of Iran’s measures, namely to issue...
Gov’t Earned 150% More From Tax Than Oil Last Fiscal
The government earned 150% more from tax than from oil in the...
$660m Allocated to Modernize Irrigation Systems
The government has allocated 31.17 trillion rials ($660...
Iran’s currency had lost a quarter of its value in six months, sliding to a record low of 49,000 last week.
Governor of the Central Bank of Iran Valiollah Seif defended...
Lawmakers expressed concerns that the government is becoming increasingly dependent on raising money by issuing debt to cover widening budget deficits.
The government has issued over 300 trillion rials ($6.4...
Mineral Water Exports Hit $25m
More than 21,000 tons of mineral water worth $25 million were...
Parliament Okays Rise in Cigarette Tax
Cigarette tax will increase in the next fiscal year (starting...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus