EghtesadOnline: As part of the government’s plan for lenders to do away with excess assets and become more agile, more than 150 trillion rials ($3.5 billion) worth of bank properties have been sold during the fiscal 2016-17, the economy minister said.

EghtesadOnline: During the latest auction held last week as part of the overall plan of shedding excess assets of Iranian banks mostly held in the real-estate sector, 20 properties belonging to Bank Sepah were sold, the head of the Company for Selling Banks’ Excess Assets aka Fam said.