Ankara: Trkiye's Halkbank announced that the criminal case against it in the United States will be fully concluded once the US District Court for the Southern District of New York approves the dismissal of the case. This development follows a joint petition submitted to the court, marking the end of a nine-year-long legal proceeding.

According to Anadolu Agency, Halkbank provided detailed information in a statement to Trkiye's Public Disclosure Platform, or KAP, regarding the criminal case and the process involving the US Treasury Department's Office of Foreign Assets Control, or OFAC. The bank highlighted that the Compliance Report required under the Deferred Prosecution Agreement (DPA) was prepared by an expert entity. This agreement, signed between Halkbank and the US Attorney's Office for the Southern District of New York, came into force on March 11, 2026.

The bank further explained that the Compliance Report was submitted on time to both the US Attorney's Office and OFAC. Following this, Halkbank and the US Attorney's Office jointly submitted a petition for the dismissal of the criminal case to the US District Court on June 10, 2026.

Halkbank stated that once the court approves the petition, the long-standing criminal case will be fully resolved. This decision will mark the end of a significant chapter in Halkbank's legal challenges in the US, bringing closure to the case that has spanned nearly a decade.