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.
- source : financialtribune