Surplus Assets
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Banks Sold $1.13b in Surplus Assets
EghtesadOnline: The minister of economy and finance, Ehsan Khandouzi, said the government has fulfilled its promise and transferred surplus assets of banks to the tune of 580 trillion rials ($1.13…
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Banks Sell $1.8b Surplus Assets
EghtesadOnline: Bank Saderat accounted for 22% or 145 trillion rials ($408.45 million) of the assets, followed by Bank Melli with 21% or 143 trillion rials ($402.8m ), Tejarat Bank 110 trillion…
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Tehran Stock Market Will Help Liquidate Surplus Assets of Banks
EghtesadOnline: The government is piling pressure on banks to put an end to their non-bank businesses by getting rid of surplus assets. The push appears to gain momentum in recent weeks as the…
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Plan to Shed Surplus Assets of Banks Worth $1.3 Billion
EghtesadOnline: Economy Minister Farhad Dejpasand unveiled an online system that tracks surplus assets owned by banks and credit institutions.
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Banks’ Surplus Assets Fall Out of Favor
EghtesaadOnline: While the government insists on lenders to get rid of their surplus properties, it seems that this is better said than done.