The shares of three governmental banks, Tejarat, Mellat, and Saderat are ready to be ceded to the public, said an Iranian official.
Another bank, Refah Kargaran, was supposed to be privatized but it faced a number of legal restrictions caused by the Guardian Council.
Deputy economy minister for banking, insurance, and state-run companies affairs, Hamid Pour-Mohammadi told MNA that the banks would begin privatization as soon as the Expediency Council sends back the amended law to government.
To fix the value of stocks, a number of experts are assessing the assets of the banks currently, he said.
Banks are considered the biggest monetary and economic organizations in Iran, he added.
