Ziraat Bankasi

Reuters reported in November 2017: "Zarrab said he had learned from Zafer Caglayan, who was Turkey’s economy minister, that Erdogan and then-treasury minister Ali Babacan had authorized two Turkish banks, Ziraat Bank and VakifBank, to move funds for Iran." (https://www.reuters.com/article/us-usa-turkey-zarrab/turkish-gold-trader-implicates-erdogan-in-iran-money-laundering-idUSKBN1DU23B)

"Accusations that three Turkish state banks violated US sanctions by facilitating illegal money transfers have made it to the agenda of Parliament, according to a report in the Taraf daily on Thursday.  Last month the US Federal Reserve (Fed) requested that the state-run Ziraat Bankası provide a detailed audit revealing whether or not the bank had conducted illegal money transfers from firms blacklisted by the US to countries such as Iran and Sudan, in violation of US sanctions. The Fed reached an agreement with Ziraat on July 1 stipulating that the financial institution would issue such a report within 60 days." (Today's Zaman, "Ziraat Bankasi money laundering issue reaches Parliament agenda", 8/7/14) (http://www.todayszaman.com/business_ziraat-bankasi-money-laundering-issue-reaches-parliament-agenda_354901.html)

Ziraat Bankasi (officially TC Ziraat Bankasi AS) lists an office located in Tehran. (http://www.ziraat.com.tr/en/OurBank/AboutUs/Pages/ForeignBranchesAndRepresentativeOffices.aspx)

"Iran is in talks with Ziraat Bank to utilize certain services of the bank, said Customs and Trade Minister Nurettin Canikli. It was announced that Iran wanted to benefit from Turkey's state-owned Ziraat Bank's experiences, and it made an offer to Turkey to receive treasurership and consultancy services from Ziraat Bank to facilitate and improve the country's trade relations with other countries." (Daily Sabah, "Iran requests treasureship from from Ziraat Bank", 6/5/15) (http://www.dailysabah.com/finance/2015/06/05/iran-requests-treasurership-from-ziraat-bank)