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Lebanon’s Finance minister Thursday told local media that replacing the Central bank governor, Riad Salameh, today is not “wise”, Zawya reports. Youssef Khalil, speaking to broadcaster MTV, indicated that nobody proposed removing the central bank governor, but “I do not Read more
Hezbollah’s Loyalty to Resistance parliamentary bloc reacted to the authorities decision to close around 100 Hezbollah-linked bank accounts and their plans to close thousands more, saying the decision means that the Central Bank has renounced national sovereignty. The parliamentary bloc Read more
Lebanon’s Central Bank Governor Riad Salameh in a statement about the anti-Hezbollah US sanctions law act stressed that banks operating in the country should comply with it for “achieving the interest of Lebanon and its economy, for the sake of Read more
Lebanese banks could be preparing to freeze out Hezbollah after Governor Riad Salameh of the Central Bank said they are considering the implementation of the Hezbollah International Financing Prevention Act signed by President Obama in December 2015. There are concerns Read more
The ongoing Syrian war has been a financial burden on the Lebanese government since it started in 2011. Syrian refugees flocked to Lebanon in their large numbers to escape the bombings and gun shots that were being exchanged between the Read more
Governor Riad Salameh of the Lebanese Central Bank has stated that the country’s financial and economic outlook is stable despite the turbulences that are marring the Middle East. He gave such assurances after a meeting with officials of the International Monetary Read more