Tehran(IP)- Iran’s Minister of Economy and Finance said: while the banks have more than a five percent delay in payments, this rate in “loan, Without Interest from the banks of the Islamic Republic of Iran is half a percent, which is lower than the common rates in the world.

Iran PressIran News: 'Loan, Without Interest', as a recommended duty in Islam, has always had a special place in the economic cycle of the Islamic Republic of Iran.

Therefore, the first national conference on “Loan, Without Interest”, titled "Explaining the position of loan, without interest in Iran’s economy," was held on Sunday with the presence of the Minister of Economy and Finance, Ehsan Khandozi, and other central bank officials.

 

In this ceremony, Khandozi while referring to the inclusiveness of banking as one of the pillars of justice in the country, said: any part of the economy that is more efficient will benefit from the loan, and with more transparency in this matter, the society will also trust it.

Following the ceremony, the Managing Director of Mehr Iran Loan, Without Interest Bank, Saeed Shamsinejad, referring to the culture of Loan Loans, despite the country's economic conditions, said: 25% of people have deposits in Loan Banks, and these banks have a good position in the banking network. 

Seyed Abbas Hosseini, Deputy Minister of Bank and Insurance of the Ministry of Economy, added: "Loan without interest banks have huge capacities, and Mehr Bank especially benefited from its capacities in the 13th government. this bank will have a ten thousand billion tomans increase in its capacity by the coming spring.

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