IRCG officers, others to go without pay as Israel targets Iran’s Sepah Bank amid broadening war
Officers of the Islamic Revolutionary Guard Corps, IRCG and other military personnel in Iran could experience a disruption in their salary payments as Israel targets infrastructure linked to Sepah Bank, a major Iranian state owned bank associated with the country’s military.
Sepah Bank and another state-run institution Bank Melli, were hit by missiles from Israel on Tuesday, leading to a disruption in operations of both financial institutions.
The Sepah Bank is a major financial institution in Iran which has been the most widely used payments and financial transactions channel for Iran’s military institutions, including the IRGC.
According to reports by the Jerusalem Post, the attack occured while the bank was “processing salary payments for the military.”
Officials further warned that the disruption could affect financial services for military personnel and other government workers if the bank’s systems remain impaired.
The attack on the Iranian bank comes amid intensifying hostilities between Israel and Iran, in which banking infrastructure and systems have increasingly become targets.
Bank Sepah, a major financial institution in Iran, serves as one the country’s oldest state banks associated with providing financial services to Iran’s armed forces.
https://gazettengr.com/ircg-officers-others-to-go-without-pay-as-israel-targets-irans-sepah-bank-amid-broadening-war/
Strike targets Iran's Bank Sepah data center in Tehran, disrupts military, IRGC salary payments
Bank Sepah is a state-run institution, largely responsible for paying the salaries of Iran's military and the Islamic Revolutionary Guard Corps.
https://www.jpost.com/middle-east/iran-news/article-889604
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