- Meir Javedanfar - http://middleeastanalyst.com -

Iran- Banking Privatization

Posted By admin On February 22, 2009 @ 11:46 am In Iran-economy | Comments Disabled

The first round of privatization of Bank Mellat, which is Iran’s second largest bank was not a particularly successful one. This was due to Tehran Stock Exchange suffering a 35% decline recently, due to falling price if oil, and high inflation rate which reduce the value of share dividends. The article below from Press TV explains more:

http://www.presstv.ir/detail.aspx?id=86316&sectionid=351020102 [1]

Article printed from Meir Javedanfar: http://middleeastanalyst.com

URL to article: http://middleeastanalyst.com/2009/02/22/iran-banking-privatization/

URLs in this post:

[1] http://www.presstv.ir/detail.aspx?id=86316&sectionid=351020102: http://www.presstv.ir/detail.aspx?id=86316&sectionid=351020102

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