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Turkish bank Is bankasi suspends work with Russia’s Mir payment system, says TV

The decision followed statements on possible sanctions by the US Department of the Treasury against foreign financial institutions that accept Mir cards

ANKARA, September 19. /TASS/. Turkey’s largest private bank Is bankasi has suspended the work with Russia’s payment system Mir, Halk TV channel reported on Monday.

The decision followed statements on possible sanctions by the US Department of the Treasury against foreign financial institutions that accept Mir cards, according to the channel.

TASS has not yet received a commentary from the Turkish bank.

The US Department of the Treasury said last week it was ready to dish out more sanctions for supporting Moscow’s attempts to expand the use of its Mir payment system outside the Russian Federation. Meanwhile, the National Payment Card System’s chief executive, Vladimir Komlev, has been put on a US blacklist.