Banking Overhaul Plan

As part of the government’s plan for lenders to do away with excess assets and become more agile, more than 150 trillion rials ($3.5 billion) worth of bank properties have been sold during the…

Banks have recovered 203 trillion rials ($6.3 billion) of their non-performing loans during the past three years,” said Gholamreza Malekshoar, head of Central Bank of Iran’s Office for Banking…