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Information Journal Paper

Title

CHALLENGES AND PRACTICAL SOLUTIONS FOR DETERMINING BANK INTEREST RATE IN IRANIAN ECONOMY

Author(s)

AZIZNEJAD SAMAD

Pages

  181-200

Abstract

 This paper aims to examine challenges and practical solutions about determining BANK INTEREST RATE in context of Iranian economy. Thus, survey and descriptive statistics have been used. The papers' findings indicate that CENTRAL BANK can draw on two scenarios: first, CENTRAL BANK can determine a reference interest rate in which receives deposit and give credit facilities. Banks, in turn, determine each bank´s interest rates following the endorsement by auditor in terms of domestic capacity, market potential, economic situation, expectations about the level of incomes as well as the percentage of interest that they can pay depositors According to second scenario, the CENTRAL BANK determines an interest rate for both long-term and mid-term currency exchange contract as well as an interest rate for deposits for the period from 1391 onwards in term of efficiency in relevant sectors.

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    Cite

    APA: Copy

    AZIZNEJAD, S. (2012). CHALLENGES AND PRACTICAL SOLUTIONS FOR DETERMINING BANK INTEREST RATE IN IRANIAN ECONOMY. MAJLIS & RAHBORD, 19(71), 181-200. https://sid.ir/paper/224671/en

    Vancouver: Copy

    AZIZNEJAD SAMAD. CHALLENGES AND PRACTICAL SOLUTIONS FOR DETERMINING BANK INTEREST RATE IN IRANIAN ECONOMY. MAJLIS & RAHBORD. 2012 [cited 2023January29];19(71):181-200. Available from: https://sid.ir/paper/224671/en

    IEEE: Copy

    AZIZNEJAD, S., 2012. CHALLENGES AND PRACTICAL SOLUTIONS FOR DETERMINING BANK INTEREST RATE IN IRANIAN ECONOMY. MAJLIS & RAHBORD, [online] 19(71), pp.181-200. Available: https://sid.ir/paper/224671/en.






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