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US Sanctions Small Turkish Investment Bank Over Iran Links
Source: Bloomberg
Sanctions & Export ControlsGeopolitics & WarEmerging Markets
The U.S. sanctioned Golden Global Investment Bank, a small Turkish lender, as part of Treasury’s push to further isolate Iran’s economy amid the war. The move signals heightened enforcement by targeting trading partners, raising compliance and counterparty risk for regional financial institutions linked to Iran-related flows.
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