Banking
-
Economy
US Sanctions Turkish Bank Over Alleged Iran Financial Ties
DID Press: The U.S. Treasury Department has sanctioned Golden Global Investment Bank in Turkey and two affiliated companies, accusing them of facilitating tens of millions of dollars in transactions for Iran’s Islamic Revolutionary Guard Corps-Quds Force (IRGC-QF) and providing access…
Read More » -
Afghanistan
Afghanistan’s Bank Deposits Climb to Nearly $3 Billion
DID Press: Public savings held in Afghanistan’s banking system have risen to nearly $3 billion, the Afghanistan Banks Association said, pointing to growing public confidence in the country’s financial sector. Najibullah Amiri, head of the Afghanistan Banks Association, said the…
Read More » -
Afghanistan
AFN 2.5 Billion in Worn Banknotes Removed From Circulation
DID Press: Afghanistan’s central bank says it has collected and destroyed worn-out banknotes worth approximately AFN 2.5 billion over the past year as part of efforts to maintain the quality of currency in circulation. Hasibullah Noori, spokesperson for Da Afghanistan…
Read More » -
Economy
From Epstein to FIFA: JPMorgan Executive Faces Scrutiny Over Past Ties
DID Press: Mary Erdoes, head of asset and wealth management at JPMorgan, is facing renewed scrutiny over her past ties to Jeffrey Epstein, the convicted sex offender. The 58-year-old executive was reportedly among the figures behind a controversial proposal to…
Read More » -
Economy
US to Release $12B in Frozen Iranian Assets Within 60 Days
DID Press: A non-official draft of the so-called “Islamabad Understanding Framework” suggests that one of the central points in recent talks between Iran and the United States involves the unfreezing of Iranian financial assets, according to Iranian state media. Based…
Read More »