Bank Mellat received compensation it had demanded on the UK after the lender won a court case against the UK Treasury in June.
In a letter to the Securities and Exchange Organization, the lender...
Bank Mellat is not willing to barter its damage claims after winning a lawsuit against the UK Treasury in exchange for goods, CEO of the bank said.
“We are not after bartering the (financial)...
The British government has settled a 1.25 billion pound ($1.6 billion) damages claim brought by Iran’s largest private bank in an 11th-hour, out-of-court deal following a dispute over sanctions.
The British government is locked in crunch talks in an effort to avoid a lengthy high court battle by settling a £1.25 billion legal claim by Iran’s Bank Mellat.
To claim a share of Iran’s growing fintech market, Bank Mellat has launched an innovation center to help promote the application of smart technologies in banking.
‘Polwinno’ will offer startups...