Sunday, 30 August 2026 ··

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Geopolitics · Europe · Sweden · Türkiye · the economy
Türkiye · Sunday, 30 August 2026

Halkbank raises $1.1 billion after US drops its money-laundering case

Turkey's state-owned Halkbank has raised a further $1.1 billion from international markets since a US court dropped its sanctions-evasion and money-laundering case against the bank this summer. That is on top of $3.9 billion the bank had already secured since the case closed, a sign that Halkbank has regained access to foreign funding after years of litigation.

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