BAKU, Azerbaijan, April 8. The capital of Iran's banking system is expected to rise by 10 quadrillion rials (about $17.6 billion) in the current Iranian year (from March 21, 2025, through March 20, 2026), said Mohammad-Reza Farzin, the Governor of the Central Bank of Iran,Trend reports.
Speaking today at an event attended by Iranian bank officials, Farzin emphasized that this capital increase will not only improve the banks' financial capacity but also strengthen their balance sheets and enhance their overall stability.
In addition, the governor stated that the Central Bank plans to establish an asset management company within the year. This company is expected to play a key role in reducing the dependency of banks on additional funds from the Central Bank. Managing additional funding requests will lead to a decrease in banking imbalances.
To attract foreign investments, the establishment of bank branches in various countries is considered crucial for enhancing regional and international banking cooperation, according to Farzin.
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