Exporters Decry Lack of CBI Receptivity

January 4, 2021
banking

T he Central Bank of Iran's underperformance in notifying clear export repatriation rules and lack of a comprehensive data platform to track export repatriation commitments are causing concern for Iranian exporters, a poll by the Tehran Chamber of Commerce, Industries, Mines and Agriculture showed.

TCCIM talked to 775 exporters and asked their views about the performance of the CBI with regard to the mandatory but apparently controversial export reparation rules.

They expressed resentment about long list of unhelpful CBI bylaws and its inability to inform them 'in a timely manner' about new rules guiding the return of export earnings.

Businesses time and again complain about the rate at which the CBI issues directives and changes regulations, some of which overlap and contradict each other.

financialtribune



Top News



banking

Citi Unifies Global Wealth Management Bu...
January 14, 2021
CBI governor to host S. Korean delegatio...
January 11, 2021
Top Banker: Iran Finalizes First Prepaym...
January 7, 2021