Housing Bank NPL reached 6.4
According to the financial monetary news, quoting the information base of the Housing Bank, the CEO of the Housing Bank in a meeting with the Director General, Head of the General Administration and officials of the General Directorate of Public Relations spoke about the role and position of public relations in advancing the bank’s goals.
Referring to the presence of the Vice President for Parliamentary Affairs in the Housing Bank, Mahmoud Shayan said: “This presence shows the high importance of the housing issue for the government.” Seyyed Mohammad Hosseini emphasized that the work of the Housing Bank does not appear in the society and the media as it should. In general, he promised us that he would support the Housing Bank in terms of capital increase, and that this support would be given to this bank in a special way in the government.
He added: “Good deeds have been done in the Housing Bank so far, and these good deeds should be reflected by the managers and public relations in the media and among the people.” Public relations in intra-organizational discussion is successful when the media receive their source of news and information in news series through the managers and partners of this department.
Explaining the growing performance of the bank, the CEO of Maskan Bank, stating that we have not found a bank in the country during the last 20 years that has a capital adequacy of more than 10, said: By the end of the year, we will reach a figure that is unprecedented in the international arena. However, some banks are even up to 60% negative in terms of capital adequacy.
Shayan mentioned the NPL issue as another important action of the Housing Bank and added: “Today we can give the good news that the net NPL Bank has continued its downward trend after deducting arrears of interest to 6.4% by the end of January.”
He continued: “Everything that has been done in the bank today has been done operationally and in a growing process.” Today, we see that the balance sheet has been revised and the bank’s losses have been reduced operationally.
The CEO pointed out: By the end of last year, 50,000 billion rials from the bank’s balance sheet have been modified and this number is not small. This has been unprecedented for the past 10 years in the Housing Bank. There are 7 ministers, they approved our operation.
The CEO of the Housing Bank added: “Today, the best opportunity has been provided for the development of the Housing Bank, because the government is fully committed to the work of this bank.” Today, it is not possible to ask anything from the government and they will refuse. We should make the most of this opportunity to serve and be proud of this divine blessing.
He further pointed to the increase in the bank’s operating profit and said: “According to the audited financial statements, the bank’s operating performance due to the comparison of major operating income or facility income, with major operating expenses or the same cost of interest paid on customer deposits, amounting to 18 thousand billion rials The increase in the bank’s operating profit in 1399 compared to 1398 shows that the bank’s operating profit in 1398 was 44 thousand billion rials and this profit in 1399 has increased to 62 thousand billion rials.
At the end of his remarks, Shayan said: “The services provided at the bank are unprecedented and all of them were done in one operation, and these events should be well publicized by the public relations department.” This action will be implemented with the cohesion, empathy and unity of the public relations forces.