Financial Tribune - Unsold government assets in three banks and two insurance companies will be on offer again next week, the deputy economy minister for banking, insurance and state companies' affairs said. In May the government offered its assets via an exchange-traded fund and hoped to earn 170 trillion rials ($770 million). However, the offer ...

Financial Tribune - The government will launch one of its biggest schemes to divest banks non-financial assets in the coming week, a deputy minister of economy said. The divestiture is related to non-financial assets of state-owned Bank Sepah, according to Abbas Memarnejad, the deputy economy minister for banking, insurance, and state-owned companies' ...

Press TV - A deputy to Irans finance minister says banks in the country would shutter around 1,000 of branches until March next year Abbas Memarnejad said on Saturday that the branches will be merged with others as part of a plan to sell extra assets of the banks to generate resources needed for streamlining their operations. Memarnejad said ...