Iran’s Ayandeh Bank Collapses Amid $5B Losses
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One of Iran’s largest private lenders, Ayandeh Bank, has officially declared bankruptcy after reporting $5.1 billion in losses and nearly $3 billion in debt.
The Central Bank of Iran failed to organize a rescue, forcing state-owned Bank Melli to absorb its assets.
The collapse impacts over 42 million customers, marking one of the nation’s worst financial crises in years.

