Washington, United States, Oct 15, 2026 (AFP) - US sanctions Cuban bank accused of ties to Iran bank

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2026-10-15

The United States imposed sanctions on Thursday against Cuba's Banco Internacional de Comercio S.A. (BICSA) due to its ties with Iran's Karafarin Bank, which has been under sanctions since 2020. The measures were part of US efforts to ramp up economic pressure on Iran. Washington accuses BICSA of maintaining ties with Karafarin Bank since at least 2022. "For too long, Communist Cuba has been allowed to operate as an outpost for malign actors and......

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