ASKZ Settles Related-Party Loans by Taking Ownership of Company Shares

The credit institution traded as ASKZ said in its Codal disclosure on November 4, 2026 that it took ownership of its related group's stakes in Pichab Kavosh, Gostareh Energy Mellal and Pars Kadous Food Industries to settle nonperforming related-party loans. It said this recovered 14,448 billion rials in receivables and booked 7,059 billion rials in loan income, reducing its loss by the latter amount. The institution also said the holdings breach legal ownership restrictions and supervisory ratios and that it aims to divest them under its restructuring plan. These are the institution's figures in that day's disclosure.