Iran Flags Banks as Target Leading to Evacuations, Closures
The Iranian military has named US-Israeli economic and banking interests in the region as legitimate targets, leading global financial institutions to announce evacuations and closures.
Economic centers and banks related to US and Israeli entities in the region have been flagged «legitimate targets» for attacks, according to a spokesperson for the Khatam al-Anbiya Headquarters, described by the United Nations as an entity owned by Iran’s Islamic Revolutionary Guard Corps (IRGC).
A warning was also announced for people not to be «within a one-kilometer radius of banks».
The statement was made after the branch of Tehran-based Sepah Bank was bombed, which Iran’s state broadcaster called an «illegitimate and unusual act in war».
Banks Intensify Contingency Plans
As a result, various global banks have been upping their contingency plans in the Middle East.
An HSBC customer notice said that the British lender has closed all branches in Qatar until further notice to ensure safety. Separately, Citi has told staff in Dubai to evacuate from its offices and work from home.
«The decision to evacuate three of our buildings in the UAE was made out of an abundance of caution and is consistent with our commitment to prioritize the safety of our colleagues. All colleagues are accounted for and are safe,» said Citi in an internal note seen by finews.asia, adding that staff would work from home and clients would continue to be served without interruption.
