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Iran's State-Owned Insurer Launches Bank Bid to End Woes
Iran Insurance Company, the country’s biggest insurer, has come up with measures to boost its solvency, including plans for purchasing stocks of a major bank, the firm’s chief executive told a press conference on Monday. “IIC used to own a bank before the [1979] Islamic Revolution, but it was merged…
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Click here to read the full story: Financial Tribune