How many industrial units are owned by banks?
According to the investigations of a regulatory body, until the end of May, 1761 industrial units located in industrial towns across the country have been taken over by the banking system due to non-payment of bank facility installments.
Among the main reasons for the problems of industrial units, we can mention the problems of lack of liquidity, market stagnation, infrastructure problems, differences between partners and company owners, and the impossibility of supplying raw materials.
The details of the mentioned 1761 industrial units by province and bank are given in the table below.
Factories that are acquired and closed
In addition to the problems it has created for the industrialists, the acquisition of production units that are indebted to the banking system has become an obstacle to the establishment of new factories and the development of industrial production in the country, and it creates fear in the hearts of investors that they will lose their capital with the slightest problem.
Banking barriers and receiving facilities to create or develop industrial products have always been one of the main obstacles facing the industrialists. In this regard, although many laws and regulations have been established and incentive and punishment methods have been defined for the functioning of the banking system, but these cases have not been able to completely stop the excessiveness of banks and still witness their tasteful behavior in granting facilities to producers or dealing We are in debt with industrial units and owning factories with bank debt.
At the same time, the interest and the method of payment of bank facilities to production units are not very favorable and this issue is also criticized by industrial activists.
Why are there more bank branches than industries?
Hamid Akhwani, the vice-chairman of the Legal and Judicial Commission of the House of Industry and Mining, said: “Certainly, if one person wants to sink this ship, we will all sink, so we all have to Let’s go according to the law.
Pointing out that what the law stipulates should be returned in our country and then implemented, he added: When we say that it should be returned, it means that the violations of the regulations should be removed. I am ready to pay all Riyal facilities of all banks with all costs, including interest, damages and late payment, are the banks ready to return all the properties they have acquired in this regard? Is it not the producer’s right to ask why we have more than 80 bank branches in one street, but our industrial estates are littered with dead soil?
This post is written by shadmanamini