Kabul-Based Iranian Bank Closed over Money Laundering Charges

May 19, 2019

Publication: 

Tolo News

Related Country: 

  • Afghanistan

The Afghan Central Bank closed Arian Bank, a Kabul-based joint venture between Iran's Bank Melli and Bank Saderat, because of "money laundering" activities and failing to "follow the Afghanistan banking policies." Arian Bank opened on June 24, 2004 and received its banking license in December 2004.