Merged Banks

Merged Banks Will Have 10% Less Branches

EghtesadOnline: The CEO of Bank Sepah -- the state-owned lender with which five military banks are merging -- says the number of branches of merged banks will be cut by 10%.

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Publish Date:14/September/2019 | 11:32

A Quarter of Merging Banks’ Shares Sold

EghtesadOnline: About 300,000 shareholders of merged banks affiliated to the armed forces have sold their shares since the merger process started in April, says the chief of Securities and Exchange Organization.

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Publish Date:25/May/2019 | 08:22

Deadline Extended for Selling Shares of 5 Merged Banks

EghtesadOnline: According to a notice by Central Bank of Iran, the previous deadline for selling shares of five merged banks and credit institutions has been extended for 15 working days ending on June 13.

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Publish Date:21/May/2019 | 10:33