Iran, May, 25, 2017 - Protest gatherings and activities of depositors in financial institutions operated and owned by regime's elements and supported by state banking system have picked up pace in different cities in Iran.

Protest gathering of plundered shareholders

This time, the depositors gathered in front of a number of Arman Credit Institution branches on Wednesday, May 24th, 2017 demanding immediate action by the institution officials. They demanded their money back.

The rumor of this institution going bankrupt has taken a more real tone with the closure of some of the customers' accounts. These rumors have led to a wave of shareholders going to different branches to reclaim their money.

An article published by the state owned Tabnak website on Wednesday May 24th says that Arman financial system comprising of two institutions, 'Iranian Alborz' and 'Vahdat' is on the verge of bankruptcy. This has caused a tremendous alarm among the shareholders.

One of such branches where people gathered on Wednesday is in the city of Shushtan, southern Iran.