Türkiye's BDDK revokes Bank Mellat Istanbul branch licence, citing financial stability risks

Türkiye's banking regulator BDDK revoked the operating licence of Bank Mellat's Istanbul branch, a fully Iranian state-owned bank operating in Türkiye since 1982, citing threats to financial system stability. The branch had already lost SWIFT access and been removed from other services.

Detected & updated continuously · Source: Nebula