Analyzing the Threat of Closure of Foreign Branches of Bank Melli A new test for a bank that has not been stopped so far | Reality of Sanctions or a Game with Economic Expectations? Recent statements by U.S. Treasury Secretary Scott Bastin about the closure of foreign branches of *Bank Melli Iran* appear to be a new threat against one of the oldest banking networks in the country; however, to assess its real effect, one must step back a bit. Bank Melli has been under pressure from sanctions for years and has operated under financial and international constraints. Therefore, the main question is not whether "Bank Melli will be sanctioned?"; this has been the case for years.
Translated regional report
Analyzing the Threat of Closure of Foreign Branches of Bank Melli
Automated translation and editorial curation by Middle East CatchSite publication
Original report: Iranian Students' News AgencyOriginal publication Editorial policy
Continue tracking
Follow the next verified update
Check the live feed for newer reports or share this article's permanent link.