A US court has approved the dismissal of the case against Turkish state bank Halkbank, bringing a nine-year legal process to a final close.
The US District Court for the Southern District of New York approved a joint request by the US Justice Department’s Southern District of New York office and Halkbank to dismiss the case, the Turkish state lender said on Wednesday.
With the court’s approval, the criminal proceedings against the bank in the United States have been fully concluded.
In a statement to Türkiye’s Public Disclosure Platform, or KAP, Halkbank said the case had been “definitively and finally closed.”
“We hope the decision will be beneficial for our bank, our investors, our customers and our employees,” the bank said.
Halkbank said it would continue its operations in line with all national and international regulations, adding that it would maintain its contribution to the growth of Türkiye’s banking sector and economy.
RelatedTRT World – Türkiye’s Halkbank and US agree on settlement, potentially ending years of litigation
