On September 4, 2026, the U.S. Treasury Department sanctioned Istanbul-based Golden Global Investment Bank and two subsidiaries for alleged financing of Iran. The action followed Treasury Secretary Scott Bessent's vow to further isolate Iran's economy.
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The United States sanctioned Golden Global Investment Bank, a relatively small Turkish firm, after Treasury Secretary Scott Bessent vowed to further isolate Iran’s economy amid the ongoing war by going after trading partners.
The US Treasury Department on September 4 imposed Iran-related sanctions on Istanbul-based Golden Global Yatirim Bankasi Anonim Sirketi, known as Golden Global Bank, and two Turkey-based subsidiaries: Golden Global Portfoy Yonetimi Anonim Sirketi and Golden Global Varlik Kiralama Anonim Sirketi [pbs.org#1][aljazeera.com#1][japantoday.com#1][rferl.org#1][newarab.com#1][abcnews.com#1][military.com#1
The US Treasury Department on Friday imposed sanctions on Istanbul-based Golden Global Yatirim Bankasi Anonim Sirketi and two subsidiaries, Golden Global Portfoy Yonetimi Anonim Sirketi and Golden Global Varlik Kiralama Anonim Sirketi, adding the Turkish investment bank and the affiliates to its Iran sanctions list under President Trump's “Operation Economic Outcast” campaign [rferl.org#1][pbs.org