Middle East Economic Survey


No 19



Iran Plans To Privatize Bank Saderat And Bank Tejarat

Following the partial privatization of state-owned Bank Mellat in February (MEES, 23 February), the shares of two more Iranian state-owned banks Bank Saderat Iran and Bank Tejarat will be floated on the Tehran Stock Exchange (TSE) in about two months, Iranian Minister of Economic Affairs and Finance Shamsoddin Hosseini said on 2 May. The minister added that a license from the TSE is...