There is no plan to increase the interbank interest rate

According to Iran Economist, “Seyd Abbas Hosseini” stated in the press conference of the Bank and Insurance Exhibition at the Bank Saderat booth about the increase of the interbank interest rate to more than 21%: Interbank interest rate, facility rate, inflation, bond rate in the market Capital is a set of rates that are balanced and moving together.

He added: There is no established policy to increase the interbank interest rate, and this rate will be quickly adjusted and rationalized, of course, the rational rate is that all the mentioned rates should be together and in interaction.

The Deputy Minister of Banking and Insurance of the Ministry of Economy continued: Any determination of rates in all markets must be done with regard to other markets so that we can establish a balance, and the Monetary and Credit Council, the Central Bank and the Ministry of Economy insist on realizing this, and in this way from He spares no effort.

In this regard, the central bank also announced that the interbank interest rate will be controlled with a specific policy and decisions have been made in this regard in the past days.

Capital increase of state banks continues strongly

At the beginning of this meeting, Hosseini said about the actions taken: One of the actions of the government, which has been followed in recent months in the assemblies of state-owned, privatized banks and some private banks, is the increase of their capital.

He added: In this regard, the minimum profit distribution was taken in the assemblies of state-owned banks so that these resources can be used to increase the capital of banks, and so far some banks have also increased their capital in this framework, and information has been done in the assemblies of these banks.

The Deputy Minister of Banking and Insurance of the Ministry of Economy said about the reform of the structure of banks: In the framework of the government’s policy to reform the structure of banks in the budget law, this year a 35 thousand billion toman increase in the capital of state banks is predicted, and we are trying to achieve this figure for state banks by the end of the year.

He emphasized: The capital increase of state banks will continue strongly from these two paths.

Handing over the property of banks is a law

Referring to the handing over of surplus bank property, Hosseini said: According to the law, the handing over of bank property must be done, and meetings have been held with the banks in this regard, and the Minister of Economy has emphasized this, and we hope that this year, a significant amount of bank surplus property and shares will be handed over. to witness

He stated: The set of measures from the beginning of the year will help to improve the balance sheets of banks and to eliminate a significant part of the imbalance in the banking network. Therefore, one of the policies that is seriously pursued by the Ministry of Economy in cooperation with the Central Bank and all the economic elements of the government is to help reform the financial structure of banks, so that as a result, the ability to provide facilities to the banking network will increase.

Bank overdraft is the government’s red line

The Deputy Minister of Banking and Insurance of the Ministry of Economy said about the limit of bank overdrafts: In the past, banks had unlimited overdrafts from the resources of the Central Bank, but this year the legislator has limited this overdraft.

He continued: The government is strongly against any bank overdraft, and in the framework of the inflation control policy, any bank overdraft is the government’s red line.

Hosseini emphasized: Of course, it should be noted that there are many requests to use the banking network’s resources for financing, so a balance must be established between overdraft control and financing from the banking network.

We follow up the introduction of the names of bank debtors

Regarding the publication of the names of bank debtors, he said: The publication of the names of bank debtors was approved for the first time in the history of banking in the Islamic Parliament, and the Ministry of Economy is pursuing this issue within the framework of the maximum transparency policy.

Deputy Minister of Economy added: According to the resolution of the Parliament, the Central Bank is obliged to update the list once every three months, and this legal duty is the responsibility of the Central Bank.

The payment of marriage loan is better this year

Regarding the payment of marriage loans and the problems faced by the applicants, he said: As far as I know, last year 80 thousand billion tomans of marriage loans were paid to 900 thousand people, and in the first quarter of this year, 200 thousand people received marriage facilities and 300 thousand people in It’s time to get loans, and this statistic indicates an improvement in the payment status of facilities.

Hosseini stated: Last year, the ratio of facility payments to Qarz al-Hasaneh deposits was 105%. It means that the entire banking network had more than the resources that the legislator has considered for the payment of the loan facility in the last year.

The government’s policy is to pay micro-facilities based on validation

Regarding the request for guarantees for micro-facilities in banks, he said: the notification of the Central Bank has made this issue clear, and things like subsidies and similar things can be taken as collateral.

Hosni added: The position of the Ministry of Economy in paying micro-facilities is based on credit. Therefore, both the policies of the government and the emphasis of the president are that the granting of micro-facilities is easy and based on validation and that people do not have any problems in this field.

He stated: Statistics show that the repayment of micro-facilities in the banking network is more regular than other loans, and the banking network also welcomes the payment of micro-facilities to the general public, and they are changing their lending model towards small businesses.