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Bank Pasargad Auction of 18.99 Percent Stake in Pasargad Insurance

5 October 2026 · All day · Economic event · Iran

Outcome

Bank Pasargad said in a Codal material disclosure that, under Article 16 of Iran's law on removing obstacles to competitive production, it would auction 18.99 percent of its stake in Pasargad Insurance through Iran Fara Bourse. The auction, held on October 5, 2026 (13 Mehr 1405), found no buyers. The bank said the sale remains on its board's agenda and further details will be disclosed on Codal later.

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