Bank Shahr Fails to Sell Part of Its 71 Surplus Properties at Auction

Bank Shahr disclosed on the Codal filing system that its auction to sell 71 surplus properties, held through September 29, 2026, with cash, installment or barter terms, failed to find buyers for a number of the listed lots. According to the filing, properties including one appraised at over 1,140 billion rials and another appraised at about 1,136.5 billion rials went unsold. Bank Shahr said the auction result was finalized on September 30, 2026.