Banks banned from buying and selling with their subsidiaries

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-Sunday 2025/01/12 - 13:22
News Code:11624
 خرید و فروش بانک‌ها با شرکت‌های تابعه خود ممنوع شد

 Central Bank Circular Prohibiting the Allocation of Depositors' Resources to Subsidiaries

The Central Bank issued a circular prohibiting the allocation of depositors' resources to subsidiaries and subsidiaries of banks and credit institutions in the accounts of temporary debtors.

It is prohibited to allocate any resources of depositors to the subsidiaries and subsidiaries of that bank/credit institution in the account of temporary debtors.

Any purchase and sale of immovable property between banks/credit institutions with their subsidiaries and subsidiaries, banks/credit institutions with each other, banks/credit institutions with subsidiaries and subsidiaries of other banks/credit institutions, as well as subsidiaries and subsidiaries of other banks/credit institutions with each other that are not commercial in nature are strictly prohibited.

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