Resalat Bank's Auction of Surplus Properties Ends Without a Bid

Resalat Qarz-ol-Hasaneh Bank, traded as SALP, said in a Group B Codal disclosure published on Thursday, October 22, 2026 that its auction of surplus properties ended without any purchase bids. According to the bank's filing, the auction took place on 28 Mehr 1405 (October 20, 2026), and the result became clear that same day. The bank said it had published the auction notice on time and that certified court experts had set the reserve price, but no offers arrived.

The disclosure reports neither a completed sale nor any proceeds, and the auction date differs from the filing publication date. The bank did not announce a new plan or date to offer the properties again in this letter.