The last thing we want is to go through a second payment default.
We sometimes have to take politically sensitive decisions because we want to protect our banking sector from any sanctions or external pressure
We saw that all other larger and stronger economies, such as the UAE and Turkey, complied with such requests in order to preserve their banks' relationship with the international financial system. Lebanon cannot bear such a risk
Sending a clear signal to the outside world that we are determined to protect our banking sector from any party that may expose it to contamination risk
no later than mid-2027
will make the implementation of the law more robust, provide greater legal protection, and thus facilitate its passage when referred to parliament.
IMF Managing Director Kristalina Georgieva said Lebanon has made "significant progress" toward reaching a financing program with the international institution, amid intensive discu…
In a live coverage, US Treasury Secretary Scott Bessent said the ring of economic blockade on Iran is tightening and that his department will not back down until the Iranian regime…
Central Bank of Lebanon Governor Karim Saeed confirmed that talks with the IMF are progressing well, expressing confidence in reaching an agreement before the end of the year on th…
Lebanon's central bank revoked this week the local license of Iran's Saderat Bank, a move its governor Karim Said said aims to protect the Lebanese banking sector from contaminatio…
Lebanon's central bank governor, Karim Said, expects an agreement with the International Monetary Fund on the financial gap law before the end of the year, paving the way for repay…
Lebanon's Central Bank this week revoked the local license of Iran's Saderat Bank, one of the largest Iranian banks, amid growing US pressure on countries to cut trade ties with Te…
Banque du Liban revoked the license of Iran's Bank Saderat to operate in the country, according to Bloomberg, in a step that comes amid escalating US pressure aimed at isolating Ir…
Lebanon's central bank this week revoked the local license of Bank Saderat, one of Iran's largest banks, in a step Central Bank Governor Karim Said said aimed to protect the bankin…
A Lebanese delegation headed by Finance Minister Yassin Jaber participated in the annual meetings of the IMF and World Bank Group in Bangkok, discussing financing recovery projects…
Nearly seven years after the financial collapse, Lebanon's financial gap law has returned to the forefront of negotiations with the International Monetary Fund, amid government tal…
Lebanon is racing on two parallel tracks and within limited deadlines to restore international recognition of the integrity of its systems and procedures in combating illicit finan…
Lebanon faces escalating American and European pressure to curb the financing of Hezbollah and its institutions, amid efforts to regain international recognition of the integrity o…
Lebanon's central bank said in a statement on Thursday that it has opened a special and independent account called the 'Deposit Recovery Account,' to which all funds recovered in i…
An opinion article examining the legal status of Banque du Liban's gold reserves, estimated at around 286 tonnes, and posing the practical question of who should benefit first from…
Speaker of Parliament Nabih Berri and Prime Minister Nawaf Salam discussed the electricity file during a meeting in Ain el-Tineh, along with political, security, social and economi…
Lebanese Prime Minister Nawaf Salam chaired a meeting at the Grand Serail devoted to discussing the demands of municipalities surrounding the Srar landfill in Akkar, in a step aime…
Prime Minister Nawaf Salam received at the Grand Serail Central Bank Governor Karim Said, and they discussed financial and banking conditions. Salam also received the head of the S…
President Joseph Aoun received at Baabda Palace a delegation from the Deir Mimas municipality, affirming that the state will stand by the people of the south until the end of the I…
A Lebanon Debate report highlighted President Joseph Aoun's appeal to the Constitutional Council against Article 3 of the law on reforming and reorganizing banks, aimed at protecti…
Lawyers for former Lebanese central bank governor Riad Salameh appealed before the Paris Court of Appeal against the French judiciary's jurisdiction to seize his assets abroad, sou…