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Economy 15 sources 5 stories

BDDK revokes operating license of Bank Mellat's Istanbul branch

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With an 18 September decision by banking regulator BDDK, the operating license of Iran-based Bank Mellat's Istanbul Türkiye Main Branch was revoked under Article 71 of the Banking Law; the decision was published in the Official Gazette. New Welfare Party leader Fatih Erbakan criticized it.

The decision is based on the justification that, as a result of inspections, the bank's ongoing operations pose a danger to the rights of depositors and the stability of the financial system. Erbakan argued that the practice would complicate trade with Iran and increase production costs.

BDDK revokes operating license of Bank Mellat's Istanbul branch
Photo: Bloomberg HT

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Sources 15 sources

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber (ekonomi)2 articles · 4th to publish the story19 Sept, 10:15 BDDK, bir bankanın İstanbul şubesinin faaliyet iznini kaldırdı Anadolu Ajansı (ekonomi)7th to publish the story19 Sept, 10:03 BDDK, Bank Mellat'ın İstanbul şubesinin faaliyet iznini kaldırdı Milliyet5th to publish the story19 Sept, 07:02 İran bankasının faaliyet izni kaldırıldı Gazete Oksijen10th to publish the story19 Sept, 12:34 BDDK, Bank Mellat’ın Türkiye’deki faaliyet iznini kaldırdı Bloomberg HTFirst to publish the story19 Sept, 00:10 BDDK'dan bir banka için faaliyet izni kaldırma kararı +3 +4 Gazete Oksijen · 10th to publish the story Ekonomi Manşet · 12th to publish the story PSM · 2nd to publish the story Sigorta Gündem · 3rd to publish the story Oda TV11th to publish the story19 Sept, 16:51 Erbakan kitabın ortasından konuştu... Konu: 'Dış güçler' Tele2 Haber6th to publish the story19 Sept, 09:24 BDDK bir bankanın faaliyet iznini kaldırdı DW Türkçe (DE)8th to publish the story19 Sept, 11:24 BDDK İran bankasının faaliyet iznini kaldırdı Euronews Türkçe (FR)9th to publish the story19 Sept, 12:03 İran merkezli Bank Mellat'ın Türkiye'deki faaliyet izni iptal edildi RFI (FR)13th to publish the story20 Sept, 01:21 Under American pressure, Türkiye steps up measures targeting Iranian interests +2 Euronews Türkçe · 9th to publish the story RFI · 13th to publish the story

Story thread 5 stories

  1. TMSF takes over management of Bank Mellat TMSF announced that it has taken over the management and supervision of Iran-based Bank Mellat, whose operating license BDDK revoked on September 19. After insured deposits are paid, bankruptcy will be sought from the court.
  2. BDDK revokes operating license of Bank Mellat's Istanbul branch With an 18 September decision by banking regulator BDDK, the operating license of Iran-based Bank Mellat's Istanbul Türkiye Main Branch was revoked under Article 71 of the Banking Law; the decision was published in the Official Gazette. New Welfare Party leader Fatih Erbakan criticized it.
  3. BDDK revokes operating license of Iran-based Bank Mellat Under a decision dated September 18 published in the Official Gazette, the operating license of Bank Mellat's Istanbul Türkiye Central Branch was revoked under Article 71/1-b of the Banking Law; according to DW and Euronews, the justification cited a threat to depositors' rights and the trust and stability of the financial system.
  4. Fatih Erbakan reacts to banking regulator BDDK's Bank Mellat decision New Welfare Party Chairman Fatih Erbakan criticized the banking regulator BDDK's decision dated 18 September 2026 revoking the operating license of Iran-based Bank Mellat's Istanbul branch; he claimed the decision was taken at the US's request, arguing trade with Iran would become more difficult and fertilizer costs would increase.
  5. Banking regulator BDDK revokes Bank Mellat's Istanbul branch operating license Under a decision dated September 18, the banking regulator BDDK revoked the operating license of the Istanbul Türkiye Central Branch of Iran-based Bank Mellat, under paragraph (b) of the first clause of Article 71 of the Banking Law. The decision was published in the Official Gazette.

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