EghtesadOnline: Real Estate Investment Trusts (REITs) are a great help to banks as they can diversify their portfolio and sell real estate holdings in the stock market, a capital market expert said.
EghtesadOnline: Following mounting calls for publicly naming big defaulters, several banks published lists of some debtors on Sunday and the Central Bank of Iran said more is on the way.
EghtesadOnline: The Governor of Central Bank of Iran Ali Salehabadi said the bank will undertake comprehensive reforms in the new Iranian year that started on March 21.
EghtesadOnline: Foreign assets of Iranian banks reached $80 billion by the end of the tenth calendar month to Jan. 20.
EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has warned lawmakers about passing legislation that put banks under additional financial pressure.
EghtesadOnline: The Central Bank of Iran issued instructions on Saturday to banks to return seized properties to the original owners.
EghtesadOnline: Foreign assets of Iranian banks reached 20,733.3 trillion rials ($74 billion) by end of last November.
EghtesadOnline: As per rules banks must earmark 20% of their loans to the housing sector; however "they show little if any interest in doing so despite the 18% return," a board member of the Iranian Builders' Association said.
EghtesadOnline: Banks must concentrate on the credit rating of customers when studying loan requests, the Central Bank of Iran’s head of information department said.
EghtesadOnline: New data from the Central Bank of Iran show banks and credit institutions performed better in recovering non-performing loans in first half of current fiscal year ending Sep.22.