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Banks from four Arab countries are interested in investing in Lebanon’s struggling banking sector, which was hard-hit by the small nation’s three-year economic meltdown, a top Arab banker said ...
Lebanon's banks and schools were shut on Tuesday in a new wave of disruption amid urgent political efforts to form a new government to steer the country out of its worst economic crisis since the ...
Bundles of Lebanese pound banknotes, their value now drastically reduced. The Lebanese liquidity crisis is an ongoing financial crisis affecting Lebanon, that became fully apparent in August 2019, and was further exacerbated by the COVID-19 pandemic in Lebanon (which began in February 2020), the 2020 Beirut port explosion and the Russian invasion of Ukraine.
Lebanon's central bank faces leadership uncertainty from Monday when the governor steps down with no appointed successor, risking new dysfunction in a state already hollowed out by years of ...
As early as August 2020, angry demonstrators have burned banks to protest the financial crisis. [10] In June 2021, several protestors affiliated with a charity staged a successful occupation of a bank to withdraw funds for their organization. [11] Three bank employees were injured, leading the bank to accuse the group of intimidation, which it ...
Banque du Liban (Arabic: مصرف لبنان; English: Bank of Lebanon) is the central bank of Lebanon. It was established on August 1, 1963, and became fully operational on April 1, 1964. It was established on August 1, 1963, and became fully operational on April 1, 1964.
ZOUK MOSBEH, Lebanon — The Israeli military hit bank branches across Lebanon overnight to target Hezbollah‘s finances, expanding its offensive in an assault that sparked panic as the United ...
BLOM Bank; BSL Bank; Cedrus Bank; Creditbank; Crédit Libanais; First National Bank; Fransabank; Intercontinental Bank of Lebanon (IBL) Lebanon and Gulf Bank; Saradar Bank; Bank of Beirut; Société Générale de Banque au Liban (SGBL) Lebanese Swiss Bank; AM Bank (Al-Mawarid Bank) Lebanese Canadian Bank; Jammal Trust Bank; CSCBank; Intra Bank ...