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Iran: Iran Zamin Bank Declares Bankruptcy

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Tehran, Iran - November 12, 2025 The Iran Zamin bank, one of the country's largest private banks, collapsed into bankruptcy, with its assets absorbed by the state. The bank’s insolvency affects an estimated 42 million customers, leaving many unable to withdraw savings. The bankruptcy follows an embezzlement scandal and closure of Ayandeh Bank, raising concerns about systemic corruption and mismanagement across Iran’s financial institutions.

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