Post by: Administrator on October 27, 2025, 07:11:33 PM
After accumulating around $8 billion worth of losses and debt, Iran’s Ayandeh Bank has been dissolved, with customer assets absorbed by the state-owned Bank Melli.
Source: Major Iranian private bank goes bankrupt, roiling 42M customers (https://cointelegraph.com/news/iranian-bank-bankruptcy-affecting-42-million-customers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)