Iran’s Ayandeh Bank Collapses: Impacting 42 Million Customers Amid Financial Turmoil

A major crisis has shaken Iran’s banking sector as the country’s third-largest private bank, Ayandeh Bank, declared bankruptcy. The collapse is a significant blow to the Iranian economy and raises concerns about the stability of its financial system. This development underscores the vulnerabilities faced by Iran’s banking infrastructure in the face of economic sanctions and international pressure.