Shahre Bours- citing Bank Sepah’s public relations office, Dr. Mostafa Partoafkanan, chairman of the Omid Investment Group’s annual general meeting, expressed gratitude to Dr. Farzin, Governor of the Central Bank of Iran, and Dr. Mohammadpour, Deputy for Regulation and Supervision, for their pivotal roles in facilitating a 235,000 billion rial capital increase for the group, funded through Bank Sepah’s receivables.

Key Contributions and Strategic Impact

Speaking at the annual general meeting for the fiscal year ending January 20, 2025, Partoafkanan highlighted the significance of this rare capital increase. “After years of expert efforts, this milestone strengthens Omid’s financial structure and investment capacity, reflecting strong inter-institutional synergy among Bank Sepah, the Central Bank, and capital market entities,” he said.

Partoafkanan also praised Dr. Seyedhashemi, Chairman of the Board, and Dr. Seyedbabak Ebrahimi, CEO of Omid Investment Group, for their relentless pursuit of this goal. Their efforts included forming specialized teams, preparing comprehensive financial and legal documentation, and effectively advocating before relevant authorities, which were instrumental in achieving this historic success.

Central Bank’s Facilitative Role

He further commended the Central Bank’s facilitative role, describing it as a model of constructive collaboration and mutual trust within Iran’s monetary and financial system. This capital increase not only bolsters Omid’s financial foundation but also enhances its ability to drive growth in sectors like mining, steel, and finance. Social media posts on X reflect positive investor sentiment, with the group’s recent 232 toman per share dividend announcement reinforcing confidence.