Clarification of Bank D about the news published in the media and virtual space

According to the report of Iran Economist, citing the public relations of Bank D; Following the publication of some inaccurate news in the news networks and cyberspace about the bank’s subsidiary companies and also following notification number 901113 dated 04/04/1401 of the Securities Exchange Organization regarding the clarification of the issue raised, Bank D has issued a notice to respond to the ambiguities raised. gave
This announcement states: In the past years, contrary to the instructions and regulations of the Central Bank of J.A., as much as 55.000 billion rials of depositors’ resources from temporary debtors and on account were available to a limited number of group companies. which was mentioned many times in the report of the independent auditor and legal inspector of the bank.
In 2019, based on the tasks of the extraordinary general assembly of this bank, all the claims described in the framework of Islamic contracts were converted into facilities, and in 1400, according to the instructions issued by the Central Bank of J.A. under the title of classification of facilities and claims, they remained Claims from subsidiary companies were transferred to the category of deferred claims and a reserve of 10.973 billion Rials was identified for it, which was disclosed and published publicly in note No. 8-14 of the bank’s (unaudited) consolidated financial statements ending at the end of March 1400.
It is also noted that so far, about 20,000 billion Rials of these claims have been determined and the collection of the rest of the claims from the bank’s subsidiaries, along with the non-current claims of other natural and legal entities, is being seriously pursued, the results of which are in the interim reports and It will be disclosed annually.
At the end of the bank’s public relations, he reminded: mentioning the title of embezzlement is not correct because of the spontaneous movement of the bank and its new management in identifying violations and clarifying and solving problems, and the violations committed in the past years are also under investigation and follow-up by the regulatory bodies. .
Bank D’s operational program in the last few months shows a great commitment to change the bank’s situation and improve its conditions in a clear, legal and transparent way.