<p dir="ltr"><span>Financial Tribune- Addressing participants in the 30th Islamic Banking Conference on Saturday in Tehran, Abdolnasser Hemmati spoke of reforms coming into force gradually and highlighted the ingrained ills of the key sector. <br> “Problems cannot be solved overnight simply because they were not created overnight,” he told the conferees, IRNA reported. <br> Iran’s banking industry is suffering, among other things, from issues such as poor balance sheets, capital inadequacy, inability to recover non-performing loans to the tune of billions of dollars, arcane rules, and dubious operations of illegal credit institutions that have been punishing the economy for years.<br> <br class="t-last-br"> </span></p>