banking
ABL Denounces Ruling to Freeze Assets of Banks and their Chairmen
May 5, 2021
The Association of Banks in Lebanon denounced on Wednesday a judicial decision to freeze the real estate assets of all Lebanese banks and the real......
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Lebanon bank governor faces corruption allegations in France
May 5, 2021
An anti-corruption group has submitted a legal complaint in France against Lebanon's central bank governor over foreign investments including......
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Lebanon's central bank chief says French properties bought prior to becoming governor
May 4, 2021
NNA - Lebanon's central bank chief said on Monday his properties in France were all acquired prior to him being appointed governor. Riad Salameh......
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ECB on hold as it ponders next move on pandemic fallout
April 22, 2021
Berlin, Apr. 22 (BNA): The European Central Bank is expected on Thursday to leave its emergency monetary plan on hold as it lays the groundwork for......
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Oueidat Asks Ali Ibrahim to Probe Mecattaf Money Exchange Firm
April 20, 2021
State Prosecutor Ghassan Oueidat on Monday asked Financial Prosecutor Ali Ibrahim to launch investigations over suspected violations by the Mecattaf......
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Bank of America Reports First-Quarter 2021 Financial Results
April 17, 2021
Bank of America reported its first-quarter 2021 financial results today. The news release, supplemental filing and investor presentation can be accessed......
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Salameh Warns that Foreign Banks Cutting Ties with Lebanon
April 11, 2021
Lebanon’s money transfers abroad, its purchases of goods, and access to foreign exchange are all at risk to stop after correspondent banks......
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Central Bank Provides Updated Data for Forensic Audit
April 11, 2021
Lebanon has provided an auditing firm with 'updated' information for a stalled forensic audit of the central bank demanded by the international......
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Virtual meeting between MoF, Central Bank representatives and ALVAREZ & MARSAL: Central Bank committed to audit
April 7, 2021
NNA - The Ministry of Finance held a virtual meeting through 'Zoom' that brought together representatives from the Ministry of Finance, the......
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World bank urges Lebanon authorities to ‘get their act together’
April 3, 2021
Lebanon must be willing to implement some real changes in order to get international funding assistance, according to the World Bank’s Middle......
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