US Treasury Blacklists Small Istanbul Investment Bank Over Iran Ties
Treasury's OFAC invoked Executive Order 13902 on September 4, 2026, freezing the bank's US assets and barring American dealings.
- Golden Global Yatırım Bankası, based in Istanbul, joined OFAC's Specially Designated Nationals list September 4.
- The action cites Executive Order 13902, which targets Iran's financial and other economic sectors.
- US persons and firms are now barred from any transaction with the bank, wherever they are.
Why it matters: A single small bank absorbs the sanction; the network that funds Iran keeps moving through larger, unnamed hands.