A London-based financial center urged Lebanese banks to monitor any deposit outflow from the country if confidence in this sector is shaken by political events.
Lebanese banks deposited $7 billion at the Central Bank in 2015 to boost foreign currency reserves, the head of the Association of Banks in Lebanon Joseph...
The Association of Banks in Lebanon Monday said a blast that targeted a major bank in Beirut the previous day was an attempt to destabilize the country's...
Prime Minister Tammam Salam Monday condemned the bombing in Beirut a day earlier which targeted the headquarters of a top Lebanese bank, saying the attack...
Senior government officials and bankers scrambled Monday to contain the repercussions of a bomb attack on one of Lebanon’s biggest banks, an assault seen as...
Intervention is nothing new in Lebanon and the region. But interfering in the country’s banking system has always been a red line.
Lebanese politicians and religious leaders called Monday for national unity to foil attempts aimed at destabilizing the country, a day after a bomb attack on...
The bomb attack on one of Lebanon’s leading lenders neither caused panic in the market nor did it prompt people to buy more dollars.
A senior U.S. official made it clear that Hezbollah’s MPs and ministers are potentially subject to American sanctions, just like anyone who acts at the...
All eyes are focused on Central Bank Governor Riad Salameh as the debate over the controversial U.S. law targeting Hezbollah’s finances takes center stage.
When it comes to the U.S. Hezbollah International Financing Prevention Act there are no two ways about it, and Lebanon must comply in the fullest.
In the last couple of years, transparency and information sharing among the world’s financial systems have become a prime focus.
The Association of Banks in Lebanon emphasized the importance of commitment by local banks to Lebanese financial laws and to the requirements set by the...
Lebanon’s Central Bank will funnel more stimulus to key sectors to prop up the country’s economy, Riad Salameh said Thursday.
U.S. officials perceive banks and Army as elements of stability for Lebanon, the Association of Banks in Lebanon said Tuesday.
Washington wants Lebanon and other countries to prohibit Hezbollah from dealing with all international currencies and not only the dollar, a banker revealed...
Identifying the most critical economic issue to focus on in Lebanon is a tough task.
The Central Bank has banned the issuance and use of prepaid cards in Lebanon in a move to tighten anti-money laundering and terrorism-funding measures.
Lebanon has appointed BLOM Bank, Byblos Bank and Deutsche Bank in order to co-manage the launch of at least $1 billion in eurobonds.
Lebanese banks denied a media report that Saudi Arabia has halted the transfer of funds from the kingdom.