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Iran's Ayandeh Bank collapsed due to massive losses and debt, absorbed by state lender Melli Bank amid economic turmoil.
Iran’s Ayandeh Bank, a major private lender founded in 2012 with 270 branches, has been declared bankrupt and absorbed by state-owned Melli Bank amid a deepening economic crisis.
The collapse, driven by $5.2 billion in losses, $2.9 billion in debt, and a negative capital adequacy ratio, reflects systemic issues including poor lending practices, sanctions, and inflation.
The Central Bank confirmed depositors’ savings would be protected, though the move underscores broader instability in Iran’s banking sector, where multiple banks now operate with negative capital ratios.
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El Banco Ayandeh de Irán colapsó debido a pérdidas y deudas masivas, absorbidas por el prestamista estatal Melli Bank en medio de la turbulencia económica.