Raisi Calls for Remaking the Ailing Banking Sector

President Ebrahim Raisi in a meeting with CEOs of banks underscored the pressing need for change in managing the banking system that has come under systemic criticism for long periods. 
“A successful overhaul in the banking sector is a prerequisite to economic reforms,” Raisi said. 
Highlighting the point, he added that the “existing banking environment must change based on justice and in the interest of the people,” president.ir said.
Raisi asked the senior bankers to set up a taskforce in coordination with the Central Bank of Iran to identify and address the “inherent problems” of the underperforming banking industry.