What to Know About Bank Melli, Singled Out in U.S. Call for Economic War
Aug 25, 2026
Bank Melli, Iran’s largest lender, already faces waves of sanctions that severely limit its ability to operate abroad. Every foreign branch must be shut down, Treasury Secretary Scott Bessent said.
https://www.nytimes.com/2026/08/26/world/europe/iran-melli-bank-us-sanctions.html
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