Salaries for members of Iran’s Islamic Revolutionary Guard Corps (IRGC) and other military personnel may face disruptions following Israeli missile attacks on Sepah Bank, a key state-owned bank closely linked to the country’s armed forces.
The strikes, which also targeted Bank Melli, hit both institutions on Tuesday, causing operational disruptions.
Sepah Bank has long served as the primary channel for military payrolls and financial transactions for the IRGC and other military bodies.
Reports indicate that the attack occurred while the bank was processing salaries for military staff.
Officials have warned that if the bank’s systems remain impaired, broader financial services for military personnel and government workers could be affected.
The assault on Sepah Bank reflects a widening phase of hostilities between Israel and Iran, where critical banking infrastructure has increasingly become a target in the conflict.
As one of Iran’s oldest state banks, Sepah Bank plays a central role in supporting the financial operations of the country’s armed forces, making its disruption a significant blow to military administration and payroll systems.
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