Middle East Economic Survey

VOL. LII

No 19

11-May-2009

IRAN

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...