Saderat went to a new CEO about two months ago.
If you go around and view what the business sector has said over the past month....all of the big-name Iranian banks are in trouble. Several are selling off assets and just trying to survive. It’s been suggested that several might merge into single units, but I have doubt that they have enough positive numbers make mergers positive. What you probably up with....are maybe six to eight banks around Iran that might still be operating by the end of 2018 (out of thirty to forty that operate currently).
Just my humble opinion, but the Mullah guys really don’t understand the position of the banks and the necessity to emerge out of this embargo episode. They need Iran making money, and spending it.