Bank Malat's official documents revealed the importance of the former central bank governor's warning against illusory profits Saif warned correctly; How do paper profits threaten the trust of the people and the resources of the banking system? Veliola Seif's warning against illusory profits in the banking system should not be taken as a normal comment. Examining the official documents of Bank Malat shows that the net profit of this bank in 1404 decreased by more than 107,000 billion tomans after the audit, and the audit organization also objected to the recognition of income from some late claims and the inadequacy of their reserves. Take Saif's warning seriously; The issue is not just accounting and Leola Seif, former head of the central bank, pointed out one of the most important structural issues of banking in our country by warning against illusory profits and hidden losses in the banking system. Click to continue news.

Bank Malat's official documents revealed the importance of the former central bank governor's warning against illusory profits Saif warned correctly; How do paper profits threaten the trust of the people and the resources of the banking system? Veliola Seif's warning against illusory profits in the banking system should not be taken as a normal comment. Examining the official documents of Bank Malat shows that the net profit of this bank in 1404 decreased by more than 107,000 billion tomans after the audit, and the audit organization also objected to the recognition of income from some late claims and the inadequacy of their reserves. Take Saif's warning seriously; The issue is not just accounting and Leola Seif, former head of the central bank, pointed out one of the most important structural issues of banking in our country by warning against illusory profits and hidden losses in the banking system. Click to continue news.