Two of Turkey’s largest banks have halted the use of the Russian Mir payment system after warnings from Washington about the risk of falling foul of US sanctions on Moscow.
A spokesperson for İşbank, a private lender, said the bank had temporarily suspended the use of the payment network while it evaluated new guidance from the US.
DenizBank, another private lender, also suspended Mir operations in Turkey, according to a person familiar with the matter.
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