Open AccessThe Study of Financial Condition and Credit Institutions in Iran
Author(s) -
Hossein Niavand,
Farzaneh Haghighat Nia
Publication year - 2017
Publication title -
business and economic research
Language(s) - English
Resource type - Journals
ISSN - 2162-4860
DOI - 10.5296/ber.v8i1.12529
Subject(s) - loan , business , credit union , finance , financial system , financial institution , credit reference , credit history , institution , export credit agency , credit enhancement , credit risk , political science , law
This paper examines that financial conditions and credit institutions in Iran, Credit institutions; non-governmental and public economic institutions in Iran agreed in principle with the central bank are established and engaged in banking operations. A “credit union institution” that by attracting deposits allowed the bank (excluding deposit interest-free loan current), obtaining loans and other financial instruments to mobilize resources, Venture and the resources to grant credit facilities assigned or in any other manner to the recognition of the central bank, an intermediary between suppliers and applicants have the financial resources. We show that the financial condition and credit institutions are possible or not, and the result will be institutions offering appropriate solutions.