Bimeh Dana, Bimeh Alborz and Bimeh Asia, privatization candidates

February 17, 2011

The Iranian privatization entity is preparing to list three of the most important state-owned insurance companies on the Teheran stock market. To this day, only Bimeh Alborz has introduced 5% of its capital into the stock market.
Bimeh Dana and Bimeh Asia are most likely the two other companies which will join Alborz in this move. According to the regulation in force, 80% of the state's shares in the companies will have to be privatized during the next ten years.


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