Isbank, Turkey’s largest private lender by assets, stopped using a payment system popular among Russian tourists, following a warning by the US.
Turkiye Is Bankasi AS suspended transactions through the Mir system while the lender assesses the US Treasury’s recent statement, the bank told Bloomberg.
For the latest headlines, follow our Google News channel online or via the app.
The decision comes after the US Treasury Department’s Office of Foreign Assets Control (OFAC)…