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أخبار الخليج
Turkey revokes Iranian Bank Mellat license
Turkey has announced the withdrawal of the license of the Iranian Bank Melli, which has been under Western sanctions for years, according to a decision published in the Official Gazette. This measure results from the bank's connection to the Iranian government, which Turkey considers a risk to depositors' rights and financial security, in accordance with Article B71 of the Banking Law. It is worth noting that Bank Melli was previously subjected to sanctions by the United States, the European Union, and the United Kingdom following accusations that Iran was attempting to acquire nuclear weapons. These sanctions were lifted in 2015, but the U.S. unilaterally withdrew in 2018. In 2019, Washington and Gulf countries imposed additional sanctions on the bank due to its ties with the Iranian Revolutionary Guard. Meanwhile, international sanctions on Iran continue to intensify amid ongoing military and economic tensions.
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