NewzThe Central Bank of Lebanon has revoked the operating license of Bank Saderat, one of Iran's largest commercial financial institutions. The decision, finalized this week, marks a significant shift in the banking relationship between the two nations.
The move occurs amidst an intensified economic campaign by the United States, which has been pressuring international partners to sever commercial ties with the Islamic Republic of Iran. The revocation reflects the broader geopolitical context of U.S.-led financial sanctions targeting Iranian entities.
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