ID :
166234
Mon, 03/07/2011 - 08:58
Auther :

5% shares of Iran`s Saderat Bank to be offered

TEHRAN, Mar. 7 (MNA) –- Five percent stocks of Saderat Bank will be offered in Tehran Stock Exchange by the Iran Privatization Organization on March 12.

The five percent stocks are equal, in number, to some 840 million shares.

In June 2010, another 5 percent stocks of the bank were sold on the stock market.

So far, 16.8 billion shares of the bank have been offered.

In 2007, Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei ordered that government officials to speed up implementation of the policies outlined in the amendment of Article 44, and move towards economic privatization.



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