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2026-09-04T20:47:33.000Z

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Turkish 'Golden Global' denies Iran ties

Turkish 'Golden Global' denies Iran ties

Golden Global Turkish Bank Denies US Allegations of Facilitating Transactions Related to Iran After Being Blacklisted The Turkish bank Golden Global has denied American accusations of facilitating transactions linked to Iran, following its addition to the US sanctions list. The bank affirmed its commitment to both local and international laws and stated that it has not conducted any dealings with individuals or entities listed in the sanctions decision, which it claims are not its clients. These sanctions are part of a US campaign to exert greater pressure on Iran, which involves alleged transactions to transfer oil revenues from China to Turkey through a parallel banking network—a claim the bank denies. The bank’s assets amount to approximately 25 billion Turkish Liras (about $517 million). This move marks the first time a member of NATO has faced sanctions in the US campaign targeting Iran.

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