90% of banks’ payment facilities are large loans

According to the Iran Economist, “Seyed Abbas Abbaspour” referring to the definition of macro-facilities, said: “Macro-facilities means that a bank should provide more than 10% of its basic shares and the maximum amount allowed to pay the facilities is 20% of the basic shares of banks.” 90 payment facilities are large.

Regarding the reasons for the increase in bank debtors, he said: “Facilities are paid to companies under banks and related individuals. We also see violations in the amount of bank payments, which means that payment facilities are more than 20% of the basic shares of banks.”

Regarding other reasons for the emergence of bank debtors, Abbaspour said that the entry of facilities into the asset market and the creation of inflation, and further said that non-payment of facilities will delay the payment of facilities and unpaid facilities will be delayed in the banking network.

According to him, three thousand thousand billion tomans of facilities were paid last year, of which one thousand thousand billion tomans were not new facilities, but banks define the total unpaid facilities in the form of new facilities in return for non-payment of debts.

The ruling expert of the Institute of Resistance Economics said: “Transparency 16 emphasized transparency in Note 16 of this year’s budget law, and as a result, the Ministry of Economy published the names of bank debtors, and as a result, the plan was implemented because the central bank did not want transparency.”

He continued: The main purpose of the Ministry of Economy in publishing the names of bank debtors was to control the balance sheet and another purpose was to unlock new facilities in the banking network.

Emphasizing the need for transparency in the banking system, Abbaspour said: “Transparency in the banking network leads to proper railings in the economy, and we must move towards creating and strengthening a credit rating system and providing credit cards for customers.”