Iran declares major private bank bankrupt, transfers assets to state-owned Bank Melli
Tehran moves to reassure depositors after Ayandeh Bank collapse, transferring assets to state-owned Bank Melli amid mounting economic pressure and renewed international sanctions.
An Iranian man walks past a branch of the state-owned Melli Bank, which absorbed the assets of the now-defunct Ayandeh Bank, in the capital Tehran on October 25, 2025. (photo credit: Atta Kenare/AFP via Getty Images)ByMAARIV