Iran Declares Major Private Bank Ayandeh Bankrupt Amid Mounting Debt and Sanctions
- 25/10/2025
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Iran declared one of the country's largest private banks bankrupt, with its assets absorbed by the state, official media reported Saturday, in a rare move in the country grappling with international sanctions. Founded in 2012, Ayandeh Bank had a network of 270 branches across the country, including 150 in the capital, Tehran, alone. But it had ...
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