Banking and insuranceEconomical

Explain the expectations of the Ministry of Economy from the country’s banking system


According to the Iran Economist, quoting the public relations of Bank Saderat Iran, Dr. Seyed Ehsan Khandouzi, among the CEOs of public and private banks, said that the country’s banking system has suffered many difficulties and challenges in the past three years, and expressed hope for coordination and Joint efforts of managers and employees of the country’s banking system and the Ministry of Economic Affairs and Finance and other governing bodies; Make productive, efficient and long-term decisions for the country’s economy.
The Minister of Economy, explaining the goals and plans for the advancement of the country’s banking system, which he had also raised at the time of obtaining the vote of confidence from the parliament, emphasized: the issue of electronic access to banking contracts is the first priority in this regard The Islamic Council, in order to facilitate people’s access to their contracts with banks, deserves to be expedited in this direction.
Khandouzi also considered the correct implementation of the resolutions of the Monetary and Credit Council as the second axis of the Ministry of Economy’s expectations in the field of banking system and said in this regard: , The rule of law requires us to comply with the implementation of the resolutions of the Monetary and Credit Council.
The Minister of Economy mentioned the strategy of leaving mature enterprises and directing capital towards the needs of the national economy as the third axis of the Ministry of Economy’s programs in the field of banking system and said: ” Contributing to the growth of the national economy is by no means criticized, and banks need to enter new areas where they need to be present.
Transparency in the financial statements of companies and enterprises under the banking system The fourth axis included Dr. Khandouzi’s remarks. , To provide the necessary ground in this regard.
Dr. Khandouzi stated that ensuring the non-use of banking resources in commercial affairs and speculation in various markets is another goal of the Ministry of Economy in the field of banking system.
The Minister of Economy also mentioned the permanent monitoring of the performance of the banking system and the formation of a standing committee for this purpose as the sixth axis of the Ministry of Economy’s program in this field. He stated his plans to upgrade the banking system.
Dr. Khandouzi further mentioned “supporting and strengthening national production” and “returning risk-taking to banking managers” as other topics expected by the Ministry of Economy from the country’s banking system.
The Minister of Economy also praised the managers of the banking system and their subdivisions, emphasizing that during the last three years, which he described as “Iran’s difficult years”: Useful.
Emphasizing the close interaction of the Ministry of Economy with the Central Bank of the Islamic Republic as the main custodian and regulator of the banking network, and referring to the duty of the Minister of Economy to determine the proposed option of the Central Bank to the Cabinet as part of the ministry’s ongoing duties. He announced the sovereignty and the government to the banking system and also the transfer of the set of issues and problems of the banking system to the government and the sovereignty and the effort to solve it in the form of advancing the government bills as one of the main tasks of his ministry.
The Minister of Economy also stated that our building in this ministry is based on honest confrontation and explicit accent in order to advance things, and said: “The power that the country’s banking network has in creating credit is a gift given to it by the government.”
Khandouzi added: “Of course, the business of banks in terms of economy and profitability should be a regulated, balanced, developing and” self-sufficient “business, and it should be done by bringing social benefits and developing the national economy.”
He reminded: Due to the narrow border between a banking system based entirely on personal and individual businesses and a full-fledged banking system with government ownership and management; It presents us with the difficult task of striking a balance between the banking business and its for-profit concept, as well as not going beyond the norms of the national economy.
The Minister of Economy attributed some of the missteps to managerial instability and the lack of long-term vision of some managers, which caused them to delay solving major problems and saying to themselves that in a short period of management, it is better to manage affairs and solve current problems. ; So there is no room for them to make fundamental decisions.

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