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Middle East Bank Signs Contracts for Brokerage and Fund-Unit Sales, Collects Remaining Proceeds

Sahmino Newsroom | 27 October 2026 | 15 days ago

BKHZup2.8%4,770rials11 November

Middle East Bank, which trades as BKHZ, said in a Codal disclosure on Tuesday, October 27, 2026, that it had signed contracts to sell shares in its brokerage and preferred investment units in two funds associated with the brokerage, and had collected the remaining sale proceeds. This is a further stage in the asset disposals, not merely an announcement of an auction or a buyer.

The text of this disclosure gives neither the precise remaining payment collected nor a definitive gain on the sales, so it does not provide a figure for their final profit impact.

Reference:CodalThe original report

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Since this story was published, BKHZ rose 2.9 percent, to 4,640 rial.

Over the same days, Tehran Stock Exchange Index rose 5.4 percent, to 8,357,840.

Over the same days, US Dollar fell 3.6 percent, to 2,599,000 rial.

BKHZ
+2.9%
Tehran Stock Exchange Index
+5.4%
US Dollar
−3.6%

Prices to the close of 10 November

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