Bank Melli Takes Major Step to Exit Asset Holdings; Shefadaru to Be Offered on Stock Exchange on October 17

As part of its plan to exit asset holdings and divest companies under its management, Bank Melli Iran will offer 90.5% of the shares of Shefadaru Investment Company on the Tehran Stock Exchange on October 17.

The National Bank of Iran, in continuation of its plan to exit from corporate management and transfer the companies under management, will offer 90.5% of the shares of Shafadaro Investment Company in the Tehran Stock Exchange on October 25.