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At the beginning, Ekbatan was the largest property development by a privately held company in Western Asia. The constructors also owned Ekbatan Bank, which was one of the fastest growing privately held banks in Western Asia. The constructor group was owned in majority by Rahman Golzar and his family, and in minority by Mohammad Ali Bagherzadeh. In 1977, Mohammad Ali Bagherzadeh transferred his shares in the group to his children Ali and Goli.
A Secret From Ekbatan Town
At the beginning, Ekbatan was the largest property development by a privately held company in Western Asia. The constructors also owned Ekbatan Bank, which was one of the fastest growing privately held banks in Western Asia. The constructor group was owned in majority by Rahman Golzar and his family, and in minority by Mohammad Ali Bagherzadeh. In 1977, Mohammad Ali Bagherzadeh transferred his shares in the group to his children Ali and Goli.