We reduce accumulated losses by selling surplus property

According to Iran Economist, Bank D is one of the private banks of the country, which was established with the aim of facilitating and providing the possibility of broad and comprehensive national and public participation in all constructive, fruitful and justified economic and financial activities, especially in the field of money, banking and finance. and is currently engaged in providing banking services with 91 active branches across the country.

Alireza Qeitasi – Managing Director of Bank D – while appearing in Iran Student News Agency, expressed the performance of the bank in the first few months of this year in the field of payment of bank facilities, the situation of selling surplus property, granting facilities without guarantor, etc. As follows:

Describe Bank D’s performance in lending since the beginning of this year. What was the amount of the bank’s payment facilities for marriage and childbearing loans this year?

From the beginning of this year until now, Bank D has paid more than 8000 billion tomans in facilities, which in terms of number is equivalent to 15 thousand facilities, and 4000 of these facilities are Qarz Al Hosna facilities and almost 10 thousand are Murabaha facilities. .

From the beginning of this year to the end of July, Bank D has paid more than 80% of the quota set for marriage loans and has paid 142% of its quota for childbearing facilities. In other words, Bank D’s quota in paying childbearing loans is set at 74 billion tomans, which has paid more than 100 billion tomans in this field. Therefore, Bank D has fulfilled its obligations in paying marriage and child bearing facilities.

Also, this bank has a quota of 75 billion tomans for the National Movement project, which is related to the two provinces of Tehran and Hormozgan, and currently 20 cases have been introduced to the bank, but it has not yet reached the payment stage and is under review.

What is the latest status of payment of facilities without guarantor in Bank D? And while explaining the status of the bank’s non-current claims, announce the actions taken in this regard.

Bank D has paid the equivalent of 190 billion Tomans of unsecured loans since the first of February last year, when the payment of facilities without guarantor based on validation started, and in 1401, it has paid the equivalent of 250 billion Tomans.

In accordance with the law, the bank has sent the list of persons related to its non-current facilities to the central bank and this bank has also published it. The non-current facility is divided into three parts, of which the overdue facility is one of its headings. In the past due date, the repayment of overdue and overdue loan installments, in which case the bank gives six months to the customer to pay, and if payment is not made after this deadline, this loan will be placed under the deferred heading, and the bank’s actions in this regard It is done against the customer or his guarantor. Finally, if the customer still does not take action to determine his overdue facility, that facility will be included in the bank’s questionable claims, and in this situation, judicial actions will be initiated to collect it.

On the other hand, with the publication of the list of non-current claims of banks, debtors take steps to remove their name from this list to protect their reputation, and the publication of this list will have positive effects. In general, actions have been taken for non-current claims and their cases are being processed. Also, in banks, there is a committee to deal with non-current claims, and in Bank D, during the last six months of my presence, a daily meeting is held for non-current claims, in order to review the solutions to collect the claims in cash, with the presence of the head of the relevant branch and the relevant debtor. Clearing and acquisition should be paid.

In Bank D, there were a total of 10,000 cases related to non-current claims at the country level, of which 2,000 cases were determined, and we collected nearly 100 billion Tomans under the heading of doubtful receivables.

When will the meeting of Bank D be held and what measures have you taken to reduce the bank’s accumulated losses?

We have a plan to compensate the bank’s accumulated losses, which we have sent to the central bank. Our plan is to reduce a significant part of the bank’s accumulated losses by attracting cheap resources and selling surplus assets. For this purpose, in July this year, the first auction for the sale of surplus bank properties was held with 11 properties, and the second auction will be held with 23 properties in the coming month. If we can hand over 50% of these properties by the end of the year, most of the accumulated losses of the bank will be reduced.