Iran: UK agrees £1.25bn compensation for Bank Mellat

Issue 1083 - 21 Jun 2019 | 1 minute read

The UK agreed a last-minute settlement with Bank Mellat on 18 June, thereby avoiding a public hearing scheduled to start that day in the High Court in London. The UK government has agreed to pay the bank £1.25bn ($1.6bn) in damages.

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Iran: UK agrees £1.25bn compensation for Bank Mellat

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UAE: Khalid Bin Zayed Bin Sultan Al-Nahyan (1977-)

UAE: Falah Bin Zayed Bin Sultan Al-Nahyan (1970-)

UAE: Nasser Bin Zayed Bin Sultan Al-Nahyan (1967-2008)

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