Central Bank of Iran Issues AGM Permits for 20 Lenders

The Central Bank of Iran issued 20 permits as of Saturday for banks and credit institutions to hold their annual general meetings for the previous financial year that ended in March. 
According to the CBI, a total of 36 lenders have to hold their AGMs this year, the bank reported on its website, cbi.ir.
With their books in disarray, many banks and financial institutions tend to hold their general meeting with delays in the past couple of years, especially after the CBI tightened its supervisory noose around lenders' necks.