Iran General NewsJapan's top banks to stop business with Iran

Japan’s top banks to stop business with Iran

-

AP: Three top Japanese banks, Bank of Tokyo-Mitsubishi UFJ, Mizuho Corporate Bank and Sumitomo Mitsui Banking Corp., will refrain from doing business with Iran’s state-run Bank Saderat Iran in line with US financial sanctions, Kyodo News agency reported Saturday. Associated Press

TOKYO (AP) – Three top Japanese banks, Bank of Tokyo-Mitsubishi UFJ, Mizuho Corporate Bank and Sumitomo Mitsui Banking Corp., will refrain from doing business with Iran’s state-run Bank Saderat Iran in line with US financial sanctions, Kyodo News agency reported Saturday.

The United States has imposed a ban on US bank transactions with Bank Saderat Iran, insisting that Iran is channeling funds to Hizbullah in Lebanon through the export bank. The three Japanese banks have branches in the United States and decided to suspend transactions under the US sanction, Kyodo said, citing unidentified officials from the banks.

Latest news

Growing Disintegration Among Iran Regime’s Forces

Iran has been shaken by a wave of nationwide protests since mid-September. The trigger was the death of the...

Grim Tidings for Iran’s Regime After Approval of UN Fact-Finding Mission

After many discussions and debates, the United Nations Human Rights Council has approved a fact-finding mission to investigate the...

Iranian People’s Resistance Changed the Appeasement Policy

Soon after the new US government started its obligations in January 2021, hand in hand with the European governments...

Khamenei’s Disgraceful Campaign Against Piranshahr and Javanrud, Who Will Be the Loser?

On the 67th day of Iran’s revolution, the Iranian regime attempted to put a halt to the protests in...

Iran: Expensive Medicine, Cheap Human Life

A look at the equipment and weapons that the Iranian regime has been using against its people to suppress...

Who Is Abolqasem Salavati Iran Regime’s Killer Judge?

Last week, it was announced that the case of several people who were arrested during the Iranian People's uprising...

Must read

Iran wants to address questions about military work in nuclear program later

Wall Street Journal: Iran insisted it won't be rushed into...

Italy willing to mediate with Iran

Reuters: Prime Minister Silvio Berlusconi says Italy is willing...

You might also likeRELATED
Recommended to you