Kourosh Parvizian, also chief of Parsian Bank, said lenders are trying to further reduce the cost.
He spoke of a proposed package by lenders to the CBI that helps lenders cut the costs.
“The Central Bank of Iran is mulling a plan to reduce legal reserves of lenders,” Fars News Agency quoted him as saying.
The legal deposit ratio currently varies from 10% to 12% for most banks.
25 Apr 2024
A total of 90,000 Iranians are estimated to go on Hajj pilgrimage in Saudi Arabia this year, Iran’s ambassador to Riyadh said.
25 Apr 2024
The deputy transport minister of Tajikistan said her country is interested in investing at Iran’s Chabahar Port in logistics affairs.
24 Apr 2024
European Union sanction announced following Iran's missile and drone attack against Israel is "unfortunate and illegal" because Tehran was acting in self-defence, Iran's Foreign Minister Hossein Amirabdollahian has said.
25 Apr 2024
After inaugurating the ‘Uma Oya’ hydropower megaproject in Sri Lanka, Iranian President Ebrahim Raisi said Iran is currently working on major water and electricity projects in more than 20 countries around the world.
09 Sep 2023
TEHRAN – Malaysians in Tehran marked together the 66th National Day and Malaysia Day in style on September 5 at the residence of Malaysian Ambassador to Tehran H.E. Khairi bin Omar.
25 Jul 2023
This article studies the concept of love in the Qur'an and the New Testament. The purpose of this article is to examine and compare the concept, approach and scope of love in these books.
06 Jul 2023
The reforms started in Uzbekistan 7 years ago are being continued consistently. Decisions based on principles such as keeping up with the times, openness to positive changes, and ensuring human dignity are becoming important in determining the country's future.
20 Apr 2022
The Ministry of Tourism, Arts and Culture of Malaysia announced that the country's borders were opened to foreign tourists after a two-year hiatus due to the corona pandemic.
22 Feb 2022
Lamerd Special Economic Zone has seriously used its full capacity to build infrastructure. With the efforts of the management complex, despite all the problems, with the development of infrastructure, we are witnessing the expansion of the presence of investors.
28 Aug 2022
The underground nature of manganese mines in Iran is an old challenge for miners in this field, because it involves the high cost of production.
07 Jun 2021
The first televised debates among seven presidential candidates were held on Saturday afternoon.
15 May 2021
The fourth pre-session of an international conference on international law and armed conflict in the region, entitled "Yemen War and Role of International Law on Armed Conflicts", was held virtually at Qom University.
26 Apr 2021
PFAS in fire-fighting foams used on basFes worldwide are contaminating the environment and endangering public health. The Pentagon denies wrongdoing.
13 Apr 2021
Russian Foreign Minister Sergey Lavrov on Monday said that Moscow and Tehran cooperate closely to make sure that the Joint Comprehensive Plan of Action aka JCPOA be implemented fully.
