US Treasury Sanctions Turkish Bank for Facilitating Iranian Regime's Financial Operations

The U.S. Department of the Treasury has designated Türkiye-based Golden Global Yatirim Bankasi Anonim Sirketi and its subsidiaries as part of "Operation Economic Outcast," severing critical financial lifelines for the Iranian regime. These entities allegedly facilitated tens of millions of dollars in transactions for the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and provided correspondent banking access, intensifying economic pressure on Iran.