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Bank Dey (BDYZ) Draws No Bids for Its Dey Insurance Stake or Financial Group Holdings

22 October 2026 | 6 days ago

BDYZup3.0%1,620rials28 October

Bank Dey (ticker BDYZ) said in two group-B Codal disclosures published on Thursday, 22 October 2026 (30 Mehr 1405) that two more of its offerings, held on Wednesday, 21 October (29 Mehr), ended without any purchase bid. The first was the first-stage block offer of a non-controlling management stake in Bimeh Dey (Dey Insurance), held under Farabourse notice No. 11664 dated 6 October (14 Mehr). The second was the second-stage sale of its investments in Dey Financial and Economic Group, Bank Dey Brokerage and Tose'e Didar Iranian, announced in the bank's surplus-asset auction notice of 14 Mehr.

Both filings give the lack of any purchase offer as the only reason. The bank did not state a date or terms for another offering, and the disclosures do not report a sale or any proceeds. A separate Bank Dey disclosure reported that the offer of its Zagros Kowsar power company stake ended without a bid on the same day.

Source:CodalThe source text

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