Two Banks Recorded 75 Trillion Toman Losses; Inflation and Poverty Result from Banks Profiting with People's Money

According to the annual report on bank performance, the banks 'Iran Zamin' and 'Ayandeh' recorded losses exceeding 75 trillion tomans in the year 1401. According to stock media reports in Iran, Ayandeh Bank recorded losses of over 63 trillion tomans in 1401, and the bank's 12-month consolidated report confirms these losses. This recorded loss comes despite Ayandeh Bank previously announcing the value of 'Iran Mall' at over 255 trillion tomans to reduce the identified losses, and in December of last year, it recorded accumulated losses of 100 trillion tomans. A review of Ayandeh Bank's performance in 1400 also shows that its net loss increased by 51% compared to 1399, reaching 28 trillion tomans. Accordingly, Ayandeh Bank's loss last year saw a 120% increase. The report on this bank's performance was published in 'Codal' while its stock symbol had been suspended in the stock market for nearly two years due to widespread violations. This website was designed by the Iranian Securities and Exchange Organization to 'protect investors' rights and prevent violations in the market,' dedicated to 'collecting integrated information, monitoring, reviewing, and electronically publishing financial information.' In Mehr 1401, the Ham-Mihan newspaper wrote about Ayandeh Bank's violations, stating that this bank has created debts three times its assets, and even if it sold its assets three times, it would not be able to settle its debts. One of the bank's violations is granting loans close to 80% of its capital, most of which has been allocated to the Iran Mall project. Iran Mall, built by the Ansari family as the main shareholders of the bank, was introduced as a bank asset to compensate for the losses incurred by the bank due to inflation and the increased value of this massive complex. Ali Ansari, born in the 41st month of the year 41 in Mehrabad, South Tehran, has repeatedly appeared in the lists of wealthy individuals in Iranian media in recent years. His investments include establishing the Iran Carpet Market, Iran Mobile Market, Iran Mall, Ayandeh Bank, and Tat Bank, which have been publicized in recent years. The rial value of Iran Mall tripled from 1399 to 1402, meaning if in 1399 the value of Iran Mall was 3.4 billion dollars, today, with the new pricing, it has reached 1.5 billion dollars. Critics believe that Ayandeh Bank not only contributes to part of the liquidity and inflation burden on Iran's economy through granting loans to its subsidiaries and creating accumulated losses but also profits from the same loans in the real estate market, generating additional profits from this inflationary cycle. In this context, today the Borse 24 news website announced that Ayandeh Bank will 'start' selling assets with the 'Rotana' hotel in Mashhad, which is valued at 24.5 trillion tomans, while the last market value of the bank in the over-the-counter market was 16.1 trillion tomans. The 'Iran Zamin' bank, which previously operated as the financial institution 'Moli al-Mowahhedin,' recorded losses exceeding 12 trillion tomans last year. This bank has been on the U.S. sanctions list since 2020. However, this accumulation of losses has faced many reactions on social media. One user wrote: 'Wow, Iran Zamin Bank has also created 12.5 trillion tomans in losses in one year. How is that even possible? You have fewer branches, customers, staff, and even transactions than a sandwich shop in Setareh Khan. What are you doing to create 12 trillion tomans in losses in one year? Don't follow in the footsteps of the Investment Bank, amen.' Another user wrote: 'There is a place called Ayandeh Bank that produces several thousand billion tomans in losses every year; then you think what it does? Whatever losses it creates, it adds to the price of Iran Mall. This cycle could continue indefinitely; they only create losses.' Another user wrote: 'Let me announce the third and final report of loss creation in the past 12 months and leave. Ayandeh Bank has created 63 trillion tomans in losses in one year, and I congratulate all the servants of the country from this platform. The locomotive of the country's economic progress has lost its brakes. Good night and happy times.' Another user wrote: 'Ayandeh Bank has kindly realized over 63 trillion tomans in losses. 63 trillion means over 1.26 billion dollars. It really takes strong determination and effort to bring this mess up, and this means 63 trillion tomans have ended up in the people's pockets.' Another user wrote: 'Ayandeh Bank has created 63 trillion tomans in losses. It's really hard. They gave loans to themselves and don't pay them back. They are also providing money laundering services to others. Many companies open an Ayandeh Bank account to pay their extra salaries without tracking and avoid taxes on it. They even pay heavy interest.' Research and investigation by the parliament: Isfahan's Mobarakeh Steel has committed 92 trillion tomans in financial violations. The report from the Research Center of the Parliament: The inflation rate felt by the people is 86%. The Statistical Center questioned Raisi's claim; unemployment rates increased last year. Iran's economy is on the brink of collapse; poverty is spreading at a warning stage. The autumn of livelihood in the spring of nature; rampant inflation at the beginning of a year named 'controlling inflation.' Iran remains on the blacklist; 'FATF' also suspended Russia's membership. The dollar is on the verge of 44 thousand tomans; the Central Bank: The government has no incentive to increase the price of currency.