Iran Reserve Requirements

EghtesadOnline: While the average ratio of compliant banks' reserve requirements stood at 10.3% for the previous Iranian year to March 20, 2017, the more important figure is lenders' effective reserve requirement that did not exceed 2.1% during the same period, the head of Central Bank of Iran's Economic Office said.

EghtesadOnline: While some economic experts and bank managers believe that the impact of banks' reserve requirements has waned over time and its ratio should gradually reduce, the director of Central Bank of Iran's Credit Department opposes the idea.