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#Update123- Report on the current situation of the #Banks_in_Iran just came in: #IranProtests
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Please read and look at the previous tweets first:
I have made it shorter
1)" ""Iranian Banks bankruptcy on the edge"""
The structure of banking system...
2)There are 2 main type of banking in Iran:1-governmental 2- private
Governmental sector are huge banks which have enormous amounts of fixed assets and loans.These loans have been paid to a few people who have power which people call it corruption and...
3)is about 40-50 percent of loans paid by these banks. The debtors will not pay it back anytime soon because the banks are not able to take it back.They have used many ways to do it, for instance, they request a loan about 200 billion Tomans($60000000.00)but in exchange...
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