According to Ava Today’s resources in the banking system of Iran, Mehr Eqtesad Bank affiliated to the Basij has been on the verge of bankruptcy. Therefore, the bankruptcy process of Mehr Eqtesad Bank, with the Central Bank of Iran’s loan and the IRGC Bank line of credit, has hitherto been kept secret.
The shareholders of the Mehr Eqtesad Bank, which include the Basij Cooperative Foundation and the Board of Directors of the Revolutionary Guard Corps and the Basij, are both taking their share and transferring it abroad. According to the evident documents the bank authorities are not to authorize withdrawals and they are supposed to encourage depositors to stay with the bank through offering temporary incentives on top of profits.
Meanwhile, the activities of Mehr Eqtesad Bank have left from the system of Central Bank of Iran (CBI), and now, contrary to the current banking regulations, shareholders of the bank intend to raise money and organize the embezzlement by two of its directors.
Mehr Eqtesad Bank is operating without any license from the Central Bank of Iran(CBI), and in the near future the depositors of this bank will be added to the list of “Iranian debtors with no hope to receive their money back anytime in the future". Please inform your friends to withdraw their money from the Mehr Eqtesad Bank.
