The state-owned Bank Sepah, with which five military banks merged recently, may face difficulty maintaining its balance sheet, CEO of the bank said.
Discussing the "complex" merger process with...
The recent bank merger of five banks and credit institutions linked to the military forces with the state-owned Bank Sepah has turned the latter into the biggest bank in Iran.
The megamerger...
The government will launch one of its biggest schemes to divest banks’ non-financial assets in the coming week, a deputy minister of economy said.
The divestiture is related to non-financial...