Turkey’s Halkbank says Iran business complies with law

Reuters: Halkbank, the state-run Turkish lender whose chief executive was arrested in a wide-ranging corruption probe at the weekend, said on Monday it had not faced questioning by the police or judiciary as a corporate entity.

ISTANBUL – Dec 23 (Reuters) – Halkbank, the state-run Turkish lender whose chief executive was arrested in a wide-ranging corruption probe at the weekend, said on Monday it had not faced questioning by the police or judiciary as a corporate entity.

The bank also said in a filing with the stock exchange that its business dealings with sanctions-hit Iran complied with the law and that it follows all Turkish banking regulations. (Reporting by Ayla Jean Yackley; editing by Tom Pfeiffer)