8 Iranian Banks At Risk of Dissolution, Central Bank Warns

Mohammad Reza Farzin, the head of the Iranian regime’s Central Bank, announced during an economic conference that a reform program for eight banks will be implemented next year, stating, “If they are not reformed, we will move towards dissolution and merger.”

According to this official, the responsibility for cleaning up the banks’ balance sheets is on the agenda, and the dissolution of three credit institutions has been implemented with minimal cost and difficulty.

An important point in Farzin’s statements is the number of non-performing banks, whose names have not been…