U.S. Sanctions Turkish Bank to Disrupt Iranian Regime’s Financial Networks

Press Statement

September 4, 2026

The United States remains steadfast in its commitment to cutting off the Iranian regime’s access to the international financial system and the resources it leverages to destabilize the region and threaten U.S. interests and partners. Today’s U.S. Department of the Treasury sanctions on Türkiye-based Golden Global Bank mark the latest step in Operation Economic Outcast, a comprehensive, whole-of-government effort to sever the illicit networks that allow the regime to launder funds, evade sanctions, and finance its terrorist proxies across the Middle East.

This action sends an unequivocal message to financial institutions worldwide: facilitating Iran’s illicit financial activity carries severe consequences. It underscores the Trump Administration’s resolute commitment to eliminating the financial resources the regime employs to threaten regional stability, support terrorism, and advance its military capabilities.

The United States will continue to utilize every diplomatic and economic tool at its disposal to isolate the Iranian regime until it abandons its support for terrorism and its destabilizing activities in the region. We urge the international community to join this collective effort and ensure that no institution serves as a financial lifeline for a regime that threatens global peace and security.

Today’s action is being taken pursuant to Executive Order (E.O.) 13902, which targets the financial sector of Iran’s economy and advances Operation Economic Outcast—a campaign to completely isolate the regime from the financial lifelines that sustain its malign behavior. Please see the Department of the Treasury’s Press Release for more details.

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