Logo
8 out of 11 Articles
Defense Minister Israel Katz

Israel Designates Iran’s Bank Melli a Terror Organization

Defense Minister Israel Katz signed an order on Thursday, January 15, designating Bank Melli—an Iranian state lender—a terror organization under Israel’s Counter-Terrorism Law. Authorities described the bank as a key conduit for financing the Islamic Revolutionary Guard Corps and the Quds Force, facilitating money laundering and sanctions evasion that channel funds to regional proxy groups.

The step, initiated at the recommendation of the National Bureau for Counter-Terror Financing, empowers Israeli agencies to expand seizures and enforcement actions against assets linked to the bank. Officials say the move complements international efforts to restrict the regime’s ability to underwrite terrorism, while signaling resolve as tensions mount over potential US action.

Financial designations like this can complicate Tehran’s networks and deter third-party institutions from risk-laden dealings. Jerusalem is urging allies to adopt parallel measures to amplify pressure and limit the flow of funds to violent actors. (INN/VFI News)

“Lord, frustrate the financing of terror and protect Israelis and innocent lives across the region. Give discernment to those tracing illicit money, strengthen international cooperation against evil, and bring peace that disarms the need for war.”