ANKARA: Turkiye’s ‌BDDK banking watchdog revoked the operating license of Iranian lender Mellat Bank’s branch ​in Istanbul, according to a notice published in the Official Gazette on Saturday, as the US presses other countries to increase economic pressure on Tehran. “It has been decided ‌to revoke ‌the operating license ​of ‌Bank Mellat, ⁠Head ​Office in ⁠Tehran, Istanbul Turkiye Central Branch,” the notice said, without citing the US measures or any operational issues. It said the decision

Source: Arab News