Turkey Anticipates Manageable Fine to Settle Halkbank-US Dispute

BloombergThursday, October 2, 2025 at 9:44:52 AM
Turkey Anticipates Manageable Fine to Settle Halkbank-US Dispute
Turkey is optimistic about resolving its ongoing dispute with the US regarding sanctions violations by Turkiye Halk Bankasi AS. A source indicates that the country expects to settle the matter with a manageable fine, which could pave the way for improved relations and financial stability. This development is significant as it may alleviate tensions between Turkey and the US, fostering a more cooperative environment.
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