Bank loans

CBI releases list of top bank loan defaulters

TEHRAN – Iran’s Central Bank released the list of major bank loan defaulters on Wednesday.

The mentioned list, which includes the names of major defaulters on loans received from 14 public and private banks, is available on the CBI website.

Last week, CBI’s public relations director, Mostafa Qamari-Vafa, tweeted: “The central bank, as part of the overall banking network reform plan and based on financial discipline and credit health of banks, according to paragraph D of Note 16 of the Budget Law of 1401 (current Iranian calendar year) will publish the names of major defaulters on bank loans from next week.

According to the CBI, the table relating to information on major bank debtors will be completed in the middle of the next Iranian calendar month (April 20-May 20) after receiving relevant information from banks.

On April 11, the Minister of Finance and Economic Affairs, Ehsan Khandouzi, pointed out that this level of transparency was unprecedented in the country’s banking history, saying that defaulters on bank loans had been exposed, and we hope that it will help the banks to collect the debts. and provide the ground for more creditworthy people, whether producers or ordinary people, to have access to bank resources.

MOM