18 Banks Are Saddled With Very Low Capital

Financial reports of banks show the majority are struggling with capital adequacy ratios (CARs) below global financial norms.
Out of a total of 23 Iranian banks, CAR in eight was below zero, six banks had a ratio between 0-4%, and four between 4-8%.
Only five banks had a capital adequacy ratio above 8%, according to data published by the semi-official Fars News Agency.
Also known as capital-to-risk weighted assets ratio (CRAR), CAR is used in most to protect depositors and promote the stability and efficiency of financial systems.  It is calculated by dividing a bank's capital by its risk-weighted assets.