Banks to Replenish Capital 

The Economy Ministry has detailed plans for raising the capital of state banks in which two specialized banks, namely Bank of Industry and Mine and Bank Maskan, are set to raise capital higher than other lenders, seemingly in line with government support schemes for the production and housing sectors. 
The Cabinet last week approved a proposal calling for state-owned banks to raise capital and enhance capital adequacy ratio by allocating an estimated 350 trillion rials ($863 million). 
On Monday the Economy Ministry's news outlet announced that Bank Maskan and Bank of Industry and Mine will each boost capital by 100 trillion rials ($246.3m).