Turkish banks cut links with Iranian lender, Reuters says
Reuters
19-May-2011

 

Pressure from the United States on Turkish banks about Iran is having a profound effect, according to the Reuters news agency.

Reuters reported Wednesday that Iran’s Bank Mellat, which has three branches in Turkey, is “unable to operate in Turkey,” quoting head of the bank's Turkish unit, Younes Hormozi. All Turkish banks have cut links with Mellat due to U.S. pressure, reported the agency.

 

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