BSHP Has Not Finalised Surplus Property Sale, With Several Bids Still Under Negotiation

Shahr Bank, traded as BSHP, said in a group B Codal filing, tracing number 1629516, that the auction of its surplus properties held on Wednesday, November 4, 2026 (13 Aban 1405), had not yet produced a completed sale. Despite the form's "unsuccessful auction" heading, the bank says that among 48 lots with no result it received offers for 9 lots and negotiations are continuing. It did not open the bid envelope for one other lot at the bank's instruction.

The bank had offered 88 surplus properties in its auction notice and says it still intends to sell the other properties on offer. Receiving a bid and negotiating it is not a signed sale or recognised disposal proceeds; the disclosure names no final buyer or completed sale amount.