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Surplus Property

  • EghtesadOnline: Banks have plans to divest 400 trillion rials ($3 billion) of their surplus property before the current fiscal is out in March 2020, said the deputy economy minister for banking, insurance and state companies.

  • EghtesadOnline: Economy Minister Masoud Karbasian has said the resources required for extending marriage loans will be provided by selling the excess assets of banks through auctions, as their capital has increased by 240 trillion rials ($5.4 billion) in the past few months from this source.