Iran illegal credit institutions
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Special Committees Reimbursing Depositors of Shadow Banks
EghtresadOnline: Four special committees are pursuing the liquidation of the last remaining illegal credit institutions and their main task is to identify the assets of these entities for auction,…
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Rating of Iranian Banks to Be Made Public
EghtesadOnline: The controversial and pending case of illegal credit institutions in Iran has seemingly prompted the administration to make a U-turn regarding its previous scheme to rate certified…
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Intensified Effort to End Shadow Bank Saga
EghtesadOnline: The government, the judiciary and the parliament are ramping up their concerted campaign to put to an end to the saga of illegal credit institutions and increasingly support the…
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Initiative to Stem Shadow Banks’ Growth
EghtesadOnline: President Hassan Rouhani has approved a bilateral initiative between the Central Bank of Iran and the Interior Ministry, which will grant the necessary authority to the two entities…
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CBI: Shadow Banks on the Way Out
EghtesadOnline: Illegal credit institutions that mushroomed during the tenure of the former administration and whose malevolent effects continue to dog the country’s financial system are on their…
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Cabinet Reviews CBI Report on Shadow Banks
EghtesadOnline: In its latest meeting on Wednesday, the Cabinet led by President Hassan Rouhani reviewed a report provided by the Central Bank of Iran on the situation of illegal credit institutions.