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Central bank give the bank debtors a 5% discount on interest rate

Central bank give the bank debtors a 5% discount on interest rate

 Tehran - President of the Society of Industrial and Mining Network, told the Central Bank of the Islamic Republic to encourage debtors to pay off their debt, it is more than a challenge for the benefit of compound interest on loans granted five percent discount will apply.

Bijan  Panahizadeh said on Sunday in an interview with IRNA reporter economic . There was the debtors banking group operating in the industrial and mining areas. The problem is that the new interest rates on outstanding debt with
Recent recipients will be required facilities which are due for payment this issue will be discussed.

He said high interest rates, the consequence of occurrence liabilities include deferred for industrial and mining activities and the politics new to encourage debtors to pay the debt, the combined profits of the alloy rivy it further.
M. Panahizadeh added facilities granted to the artisan and miner if the interest rate is 12 to 13 percent of the
Update deferred debit, how debtors can apply the new rates 16
And 17 percent of the debt settlement act.
According to him, the issue of implementation of the second phase of subsidy is targeted for people are having trouble, the interest rates that encourage debtors and prevents the growth of commodity prices is expected.
He noted: if the central bank is willing to collect deferred, should received in revised interest rates would encourage debtors to pay up account.
M. Panahizadeh said the central bank profit-taking facility
The bank stressed that the inflation rate should be important to
Note that the inflation and interest rates low, it should be
Won.
It specializes in industrial, mining reminded benefit from programs
With a new principal plus interest from the banking system, bankrupt unit
Industrial and mineral production and deferred the problem does not go away.
He emphasized that the central bank debtors devise a solution to the problem is easy
Option is the discount rate and the resulting acceleration of the payment of the debt facility
Will.
The expert added that the granting of a banking system today
Facilities necessary to operate the mining industry does not welcome, from
Policies that need to be directed toward the production and Suppliers
Promotional tools are not very effective.
M. Panahizadeh said:
Central banks can issue instructions regarding the payment of those installments is entered
In due course, the bank will have a five percent discount dividends, interest
Large debtors to be followed.

publish date:1391/10/24

Jan 28, 2013 10:26
Number of visit : 812

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