{"id":98759,"date":"2026-09-18T22:16:00","date_gmt":"2026-09-18T22:16:00","guid":{"rendered":"https:\/\/gulftimes.ae\/?p=98759"},"modified":"2026-09-18T22:16:00","modified_gmt":"2026-09-18T22:16:00","slug":"arab-news-turkiye-revokes-operating-license-of-irans-mellat-bank-amid-us-measures","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=98759","title":{"rendered":"Arab News | Turkiye revokes operating license of Iran\u2019s Mellat Bank amid US measures"},"content":{"rendered":"<p> <br \/>\n<br \/><\/p>\n<div>\n<p>ANKARA: Turkiye\u2019s \u200cBDDK banking watchdog revoked the operating license of Iranian lender Mellat Bank\u2019s branch \u200bin Istanbul, according to a notice published in the Official Gazette on Saturday, as the US presses other countries to increase economic pressure on Tehran.<\/p>\n<p>\u201cIt has been decided \u200cto revoke \u200cthe operating license \u200bof \u200cBank Mellat, \u2060Head \u200bOffice in \u2060Tehran, Istanbul Turkiye Central Branch,\u201d the notice said, without citing the US measures or any operational issues.<\/p>\n<p>It said the decision was taken under a \u2060clause of Turkiye\u2019s banking law, \u200cwhich allows \u200ca bank\u2019s license to \u200bbe revoked \u200cor withdrawn if its continued operation \u200cis deemed to pose a risk to depositors\u2019 rights or the security and stability of the financial system.<\/p>\n<p>Earlier \u200cthis month, the US Treasury Department imposed sanctions on \u2060a \u2060small Turkish investment bank and two subsidiaries. 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