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Posts Tagged ‘Article 44’

Iran- Banking Privatization

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


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Posted on : Feb 22 2009
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Posted under Iran-economy |