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Economy Minister’s Warning on Deviation in Private Banks’ Performance

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Economy Minister's Warning on Deviation in Private Banks' Performance

Warning from the Minister of Economy about the deviation in the performance of private banks

The Minister of Economy recently sent a letter to the Governor of the Central Bank, warning about the significant deviation of private banks in the loan-to-deposit ratio in the provinces.

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Warning from the Minister of Economy about the deviation in the performance of private banksEnglish

In this regard, Ehsan Khandozi suggested to the Governor of the Central Bank that banks which do not promptly improve their provincial loan-to-deposit ratios to at least 50 percent should first receive a warning, and if the incorrect past trend continues, the offending bank should be required to close its inefficient provincial branches.

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