Hidden banking hazards for financial system of the country
IUESA: mega economic indicators indicate clearly that financing is one of the biggest problems of economic activists in Iran, Dr. Hossein Mohammadpour Zarandi, president of IUESA said.
According to the last reports, World Economic Forum has evaluated competitiveness of countries. Iran ranked 74 fell two spots compared to previous report.
Once analyzing economic problems will be comprehensive and accurate that problems of banking network in the country to be addressed in order to reveal inability of banks to finance actual sector of economy.
The president of IUESA said presence and activity of illegal credit institutes as “banking in the shadow” has increased total cost of money continuously.