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Turkey's Denizbank says it's unable to provide service in Russia's Mir system

·1-min read
The logo of Turkey's Denizbank is seen at the company's headquarters in Istanbul

ISTANBUL (Reuters) - Turkish lender Denizbank said on Monday it was not able to provide service in the Russian payments system Mir, becoming the second lender to suspend such business after a U.S. crackdown on those accused of helping Moscow skirt sanctions.

"We are currenly unable to provide service," a bank spokesperson said when asked about Mir.

Earlier on Monday, Isbank said it suspended use of the payments system as it evaluated the U.S. Treasury's announcement last week of sanctions on the head of the Russian entity runnig Mir.

(Reporting by Ebru Tuncay; Writing by Jonathan Spicer)