Plans to reform Iran’s banking sector are moving at a predictably slow pace and could face further delays.

Mohammad Reza Pour-Ebrahimi, head of the Majlis Economic Commission confirmed last month that parliament will delay its review of the draft Banking Reform Bill until the Iranian new year, starting on 20 March.

Internal disagreement between the Ministry of Finance and Economic Affairs and the Central Bank of Iran (CBI), has delayed the bill’s presentation to parliament. The...