Bank Melli Iran & Banque Misr
2 shared events · Importance 3 · Last updated Aug 31, 2026
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Bank Melli Iran was a financial counterparty to Banque Misr, and their banking ties are now severely impacted as Banque Misr faces US sanctions for its alleged dealings with Iranian shadow banking networks.
International
Bank Melli Iran: Iran's state bank is a target of US sanctions, with a Hong Kong entity and an individual linked to it sanctioned. Bessent said 'every branch of Bank Melli must be shuttered and dark.'
Banque Misr: Egypt's second-largest bank faces a proposed US rule to cut off its UAE branches from the US financial system over alleged Iran ties. The bank is reviewing the notice, and the move signals US willingness to target financial institutions.
Aug 21, 2026 · 451 articles
International
Bank Melli Iran: Bank Melli Iran branches in the UAE remain open, indicating that sanctions have not fully disrupted Iran's financial networks.
Banque Misr: Banque Misr's UAE branches were sanctioned by the US, a move that fell below expectations of a major financial institution being targeted.
Aug 23, 2026 · 28 articles
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