Turkish Halkbank Shares Sink After US Case Adjourned

A sign on the exterior of a Turkiye Halk Bankasi AS bank branch in the Levent district in Istanbul.Photographer: Nicole Tung/Bloomberg

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By Beril Akman and Taylan Bilgic

January 28, 2026 at 7:57 AM UTC

Updated on

January 28, 2026 at 10:15 AM UTC

Shares of the Turkish state lender Halk Bankasi AS tumbled on Wednesday following the adjournment of a court status conference in the US related to charges of evading sanctions on Iran.

The status conference in New York City — to discuss how the case would move forward to trial — was abruptly canceled on Tuesday and a new date was not set.