US judge formally dismisses case against Turkish public lender Halkbank

▤ Summary

A U.S. federal judge dismissed the long-running criminal case against Halkbank after the bank completed a compliance review. The decision follows a deferred prosecution agreement and removes a major legal overhang tied to alleged Iran sanctions violations. Halkbank said the case was conclusively closed and expects better access to foreign funding. The ruling also eases a diplomatic irritant between Türkiye and the United States.

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