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Iran Chamber of Commerce Demands Responsive and Responsible Banking Sector

Finance Desk
In a bank-based economy like Iran, lenders act as the blood veins of the economy and hence the need for much more attention to the beleaguered sector
Iran Chamber of Commerce Demands Responsive and  Responsible Banking Sector  (Photo: Mohammad Ali Mahdi)Iran Chamber of Commerce Demands Responsive and  Responsible Banking Sector  (Photo: Mohammad Ali Mahdi)

The head of Iran Chamber of Commerce, Industries, Mines and Agriculture called on the government and the Central Bank of Iran to improve oversight of the cumbersome banking system and move it toward the "productive" sectors of the economy. 
At the ICCIMA's board of representatives' gathering on Sunday, Gholamhossein Shafei said in a bank-based economy like Iran, lenders act as the blood veins of the economy and hence the need for much more  attention to the beleaguered sector. 

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