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Financing-CEO of Mellat Bank visited MIB
Visiting MIB, CEO of Mellat Bank stated: Investment Banks presents vast opportunities in driving country's overarching growth over next years. Accompanied by his extended leadership team, the visit was a testament of the bank commitment to MIB and highlighting positive and encouraging developments of MIB.
Financing-Quarterly Financial reports for MIB
Unaudited financial reports of MIB for the first quarter of this year, has been published stating growth in both operating income and profitability. MIB has announced 161 IRR EPS and covering 25% of net profit forecast based on 1399 budget plan.
Financing-A significant headway in financing the steel industry
The third stage of issuing the standard parallel bonds for hot rolled sheet of Mobarakeh Steel Company, worth 10 thousands billion IRR was accomplished on July 22 with the participation of MIB and on Iran Mercantile Exchange. The whole bonds were sold in minutes and set a new record.
Asset Management-The Important role of market making in ETFs
The new guideline of SEO regarding the 10% fluctuation range for ETFs are scheduled to be implemented on July 7th, In this context Mehdi Abdi, Investment manager at MIB, declares this new procedure underscore the need for market making in Investment funds more than ever.
Financing-Profitable approach to production
Standard parallel salaf paper for hot rolled steel sheets of Esfahan's Mobarakeh Steel Company has been issued with cooperation of Mellat Investment Bank in 3 stages. MIB is taken the role of underwriter and market maker in issuing these papers.