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Widely Reported

German branch of Iran's state-owned Bank Sepah declared insolvent

German authorities have declared the Frankfurt branch of Iran's state-owned Bank Sepah insolvent, citing an inability to meet its financial obligations. Reports link the financial distress to economic sanctions targeting Iranian financial institutions. The full impact on the bank's remaining European operations has not yet been confirmed.

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We do not yet count events at this place: that needs at least 3 recorded here, and we have 1.

WhereGermany
51.033, 9.805 ±400 km
First reported44 days ago
Published2026-09-12 11:53 UTC
Sources5
How this travelled.
Reports7Independent tellings4
4 independently corroborated tellings.

Corrections and updates

No published correction or update is recorded. This does not reconstruct changes made before correction records were kept.

Cite this record

Global Event Monitor. German branch of Iran's state-owned Bank Sepah declared insolvent. 2026-09-12T11:53:31.131Z. Status: published. urn:global-events-monitor:event:1921. https://global.eventmonitor.net/event/2026-09-12/%D8%A7-%D9%84%D9%85%D8%A7%D9%86-%D8%A8%D8%A7%D9%86%DA%A9-%D8%B3%D9%BE%D9%87-%D8%B4%D8%B9%D8%A8%D9%87-%D9%81%D8%B1%D8%A7%D9%86%DA%A9%D9%81%D9%88%D8%B1%D8%AA-%D8%AA%D8%B9%D8%B7%DB%8C%D9%84-%D9%88-%D8%A7%D9%85%D9%88%D8%A7%D9%84-%D8%A7-1d443cb2

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