October 27, 2025

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Major Iranian private bank goes bankrupt, roiling 42M customers

1 min read
6 hours ago admin
Major Iranian private bank goes bankrupt, roiling 42M customers

Major Iranian private bank goes bankrupt, roiling 42M customers

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.

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