SSO Ordered to Cede Excess Shares in Refah Bank
The Majlis on Tuesday obliged the Social Security Organization to sell part of its shares in its affiliated lender, Refah Bank, so that the shares don’t exceed the ceiling set by the Central Bank of Iran.
As per the decision, the SSO is allowed to …
The Majlis on Tuesday obliged the Social Security Organization to sell part of its shares in its affiliated lender, Refah Bank, so that the shares don’t exceed the ceiling set by the Central Bank of Iran.
As per the decision, the SSO is allowed to own only 33% of the shares in Refah Bank and...