Central Bank admits Post Bank with stocks on bourse

“The bank’s capital was sufficient for its bourse admission, and the Central Bank has also agreed to regard them as its capital,” Mahmoud Afzali told Mobna news agency.
“There was no problem in Post Bank auditing and its accounts were clear,” he said.
“The bank has already submitted all the required documents and information to the Privatization Organization and its stocks on bourse are now at acceptance stage,” he added.
Post Bank is an affiliate of Information and Communication Technology Ministry which, according to the new privatization law, has to be privatized by the end of current Iranian year (March 2010) by selling its stocks on bourse.
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