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Turkey Cancels License of Iranian "Mellat" Bank

Ankara - Ofoq News - The Turkish Banking Regulation and Supervision Agency has canceled the operating license of the Iranian Mellat Bank branch in Istanbul, according to a decision published today, Saturday, in the official gazette, at a time when the United States is intensifying its economic pressure on Tehran. The announcement stated, 'It has been decided to cancel the operating license of Mellat Bank, headquartered in Tehran.'

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·2 minutes read

Turkey Cancels License of Iranian "Mellat" Bank

Ankara - Ofoq News - The Turkish Banking Regulation and Supervision Agency has canceled the operating license of the Iranian Mellat Bank branch in Istanbul, according to a decision published today, Saturday, in the official gazette, at a time when the United States is intensifying its economic pressure on Tehran. The announcement stated, 'It has been decided to cancel the operating license of Mellat Bank, headquartered in Tehran.'

Source: Ma'an News Agency

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