EghtesadOnline: After a joint meeting held by the members of Majlis Economic Commission, CEOs of state-owned banks and officials of Economy Ministry to discuss different aspects of interest rate cuts, the head of the commission announced the establishment of a committee to further pursue the matter.

EghtesadOnline: Bank fees and their forex income should be increased to lower the interest rates in the banking sector, the CEO of Export Development Bank of Iran said.

EghtesadOnline: The meeting of chief executives of banks with the governor of the Central Bank of Iran on interest rates produced no result on Wednesday.

EghtesadOnline: As the government's issuance of bonds has become a talking point in the controversy surrounding high interest rates, a deputy economy minister said although bond yields could affect bank rates, the debt market should not be blamed for the predicament.

EghtesadOnline: Lower bank interest rates, which cause more capital to flow toward other sectors including the housing sector, will prove instrumental in triggering a boom in the sector, a board member of Tehran Association of Realtors said.