Iran’s central bank revoked Ayandeh Bank’s operating licence on October 23, 2025, with customer deposits to be transferred to state-owned Bank Melli, according to Iran International’s contemporaneous reporting.
The report attributed the intervention to heavy losses and the failure of attempted reforms. It described a state-led dissolution and deposit transfer, not a verified court bankruptcy judgment.
Losses and overdrafts are different measures
Iran International cited central bank governor Mohammadreza Farzin as reporting 5.5 quadrillion rials in accumulated losses and 3.13 quadrillion rials in overdrafts, then approximately $5.1 billion and $2.9 billion respectively.
These are distinct balance-sheet measures. Adding them and calling the result a single debt total can obscure what each represents.
What depositors were told
The outlet reported that the economy minister said deposits would move to Bank Melli and funds would be accessible from October 25. That was the announced arrangement; this article does not independently establish every depositor’s experience.
The event raises questions about bank governance and resolution arrangements. It does not, by itself, prove that deposits moved into Bitcoin or predict how cryptocurrency prices would respond.
Editor’s note: The unsupported claim that 42 million Ayandeh customers were affected has been removed. Losses and overdrafts are now distinguished, and unsupported quotations and claims of a direct Bitcoin-price consequence have been removed.