Private Banks Say Provincial Data Marred by Omission

EghtesadOnline: The loans extended in Tehran Province for the revitalization and development of factories and industries were actually earmarked for provincial industries and projects, and it is possible that this statistic was not included in the report.

News ID: ۷۵۲۶۴۶

02 July 2023

In response to the economy minister's recent warning about the poor performance of certain private banks in extending provincial facilities, Secretary of the Association of Private Banks and Credit Institutions Mohammad Reza Jamshidi said some figures about private banks’ lending performance are not accurate as a number of loans extended by them have not been included.