Bank Shahr Finalises Sale of Evin Kachooei Property, Recognising 4,484 Billion Rials of Profit

Bank Shahr (ticker: Vashahr) said in a Group B disclosure published on Codal on Wednesday, October 14, 2026, that it has finalised the sale of the property known as Evin Kachooei on cash and instalment terms. The event is dated September 22, 2026, and the bank says the resulting profit of 4,484 billion rials has been recognised in the current fiscal year. The auction and its result were previously disclosed on Codal on August 25 and September 8, 2026. The bank describes the move as part of its obligations under Articles 16 and 17 of Iran's law on removing barriers to competitive production and improving the financial system. In a separate filing the same day, Bank Shahr announced an auction of 18 surplus properties, with bidding open from October 13 to 20 and the auction held on October 21, 2026.