Competition among banks to freeze people’s money
Studies show that if 100,000 imported cars are pre-sold, considering that it has been announced that 500 million tomans must be blocked in the applicant’s bank account, it seems that around 50 trillion tomans will remain blocked in banks for an uncertain period of time, and this amount of cash will be taken from people. According to the latest information from the Ministry of Industry, so far about 51,000 people have registered for pre-selling cars, and according to the spokesperson of the Ministry of Industry, banks must pay short-term interest to the applicants for this blocked money.
