20192
Arman Allowed to Hold General Meeting
Economy, Business And Markets

Arman Allowed to Hold General Meeting

The Central Bank of Iran has allowed Arman Credit Institution to hold its general meeting within the next 25 days to support the newly authorized credit and financial institution, announced the institution’s CEO, Omid Pardeli, on Monday. Arman’s total capital assets amount to 3 trillion rials ($100 million at official exchange rate). “Certified by the regulator, the institution has 506 branches nationwide and will start operation as soon as it goes through the final procedures,” the executive said. In the general meeting, the institution’s statute need to be further approved by the CBI and the Money and Credit Council to be introduced to a department in charge of companies’ registrar.  Arman, formerly merged with Fereshtegan Credit Institution, could successfully underwrite its shares on the board of Iran Fara Bourse or the over-the-counter market.  The institution was once excluded from CBI’s list of authorized firms for violating monetary regulations.

Short URL : http://goo.gl/ThsUQD

You can also read ...

Uncertified Money Shops Closed
For preventing speculative activities in Iran’s currency...
International Tender for New IKIA Terminal
Iran's Imam Khomeini Airport Company plans to hold an...
Iran’s Parliament Speaker Ali Larijani (C) attends the Vietnam-Iran Business Forum on April 16. (Photo: VNA)
Iranian and Vietnamese firms discussed trade opportunities at...
14 New Aircraft Expected by 2019
Iran Air, the country’s flag carrier, will take delivery of 14...
Chinese Tire Manufacturer Gets Cold Feet With Iranian Project
China’s Shandong Linglong Tire Company (Linglong) is...
IKAP to Mass-Produce Peugeot 301
Iran Khodro is set to launch mass production of Peugeot 301 in...
Mostafa Kavakebian (C-R) discussed Iran’s measures to join FATF in a meeting  with Economy Minister Masoud Karbasian (C-L) on April 18.
A senior lawmaker announced that a pending legislation for...
Russia Seeks INSTC Logistics Operator
The Russian Railways JSC is discussing the formation of a...

Trending

Googleplus