The possibility of Lebanese depositors soon gaining access up to $93 billion stuck in the country's banks is slim to none, financial analysts say, despite assurances from the Lebanese economy minister ...
BEIRUT (AP) — Lebanon’s Cabinet on Friday approved a draft law to determine the extent of losses suffered by Lebanese banks during the country’s financial meltdown in 2019 and provide a mechanism to ...
DAHER AL SAWAN Lebanon (AP) — Lebanon’s longtime former central bank chief, who is widely blamed for the country’s economic meltdown, was released on bail of $14 million Friday after a year in jail ...
The Hezbollah International Financing Prevention Act (HIFPA), a US law aimed at blocking Hezbollah’s access to the financial sector, has caused weeks of commotion in Lebanon, where the central bank’s ...
Lebanon’s banking sector is proving surprisingly resilient in spite of dire economic conditions, according to a recent report issued by one of the country’s largest banks. Banque Audi’s second-quarter ...
BEIRUT (AP) — Lebanon’s once burgeoning banking sector has been hard hit by the country’s historic economic meltdown. It has suffered staggering losses worth tens of billions of dollars and many of ...
Commuters drive past a newly-installed billboard bearing the image of a Lebanese flag and a statement that reads in Arabic "Lebanon a new era", replacing a Hezbollah billboard, on the road leading to ...
DAHER AL SAWAN Lebanon (AP) — Lebanon’s longtime former central bank chief, who is widely blamed for the country’s economic meltdown, was released on bail of $14 million Friday after a year in jail ...