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TMSF takes over management of Bank Mellat

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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.

Following the payment of the bank's insured deposits, which came under TMSF's management and supervision with this decision, bankruptcy will be requested from the relevant court.

TMSF takes over management of Bank Mellat
Photo: Ekonomi Manşet

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Sources 3 sources

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
Bursa Hakimiyet2nd to publish the story23 Sept, 12:16 TMSF'den İran merkezli Bank Mellat hakkında açıklama Ekonomi ManşetFirst to publish the story23 Sept, 10:57 TMSF'den faaliyet izni kaldırılan Bank Mellat açıklaması Diken3rd to publish the story23 Sept, 14:38 TMSF, İran bankası Bank Mellat'ı devraldı: Tasfiye edilecek +2 Bursa Hakimiyet · 2nd to publish the story Diken · 3rd 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decision by banking regulator BDDK, the operating license of Iran-based Bank Mellat's Istanbul Türkiye Main Branch was revoked under Article 71 of the Banking Law; the decision was published in the Official Gazette.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September 18 published in the Official Gazette, the operating license of Bank Mellat's Istanbul Türkiye Central Branch was revoked under Article 71/1-b of the Banking Law; according to DW and Euronews, the justification cited a threat to depositors' rights and the trust and stability of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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