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Central Bank of Iran sets new schemes for restricting liquidity growth
(MENAFN) According to Mehr News Agency, director-General of Money and Credit Operations at Central Bank of Iran (CBI) has defined the bank’s new schemes for observing the banks actions so as to stop liquidity development in the nation.
Based on Mohammad Nadali, observing the banks’ liquidity formation, isolating banks from commercial authority, and supervising the capital adequacy of banks are amongst the schemes highly sought by the CBI in this matter.
Nadali set the present ratio of Iran’s banks liquidity creation at 7.9, which denotes that each currency entity that leaves the central bank increases by 7.9 times revolving in the nation’s banking network.
The official also mentioned that Central banks all over the globe use several means to restrict the ability of banks to create liquidity, and to direct the money made in the banking system to fruitful actions.
Based on Mohammad Nadali, observing the banks’ liquidity formation, isolating banks from commercial authority, and supervising the capital adequacy of banks are amongst the schemes highly sought by the CBI in this matter.
Nadali set the present ratio of Iran’s banks liquidity creation at 7.9, which denotes that each currency entity that leaves the central bank increases by 7.9 times revolving in the nation’s banking network.
The official also mentioned that Central banks all over the globe use several means to restrict the ability of banks to create liquidity, and to direct the money made in the banking system to fruitful actions.
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