EN Bank Selling Nonfinancial Assets

Eghtesad Novin Bank, also known as EN Bank, put some of its nonfinancial assets on sale becoming the first private lender to tap the capital market for surrendering assets. 
The bank placed a notice on the Iran Mercantile Exchange website advertising auctions for two commercial properties in Kerman Province and a piece of land in Bandar Abbas Province. 
Properties in Kerman Province are priced at 48.5 billion rials and buyers have to pay 3% to be able to participate in the auction. Price of land in Bandar Abbas is 185.8 billion rials