VOL. XXXV

NO. 30

27-APRIL-1992

Financial and Banking News

Regional Investments

Iran to Allow Private Brokerages to Help Sell State-Owned Firms

The Governor of Iran's Bank Markazi (central bank), Mr. Mohammad HosseinAdeli, announced on 20 April that the government will allow private stockbrokerage firms to be established in order to assist in the sell-off of state-owned industries. Mr. Adeli said that licenses for such firms will be issued topersons with relevant education or experience and capital...