Controls imposed by Lebanese banks on access to cash are fueling concern among depositors who are worried for their savings despite government assurances they...
Lebanese banks reopened most of their branches Tuesday under the watchful eyes of the security forces to ensure the smooth and uninterrupted operations in...
BEIRUT: Lebanon's union of bank employees said its members would continue to strike Thursday, extending industrial action that has shut banks across the...
The Association of Banks in Lebanon said Tuesday they would stay closed but would continue to stock ATMs as bank employees announced their intention to remain...
Lebanon may need to revert to capital controls, a senior analyst said Monday, after local banks announced they would remain closed Tuesday for the 10th...
Lebanon’s economic crisis is a litmus test for the resilience and domestic support of its banks as well as their potential for sparking contagion abroad.
A senior Lebanese banking official said Thursday that he hoped the country's political crisis would end soon and that banking operations would fully resume...
Banks will remain shut for an eighth consecutive day Friday, the Association of Banks in Lebanon has announced, extending a closure whose length is...
Lebanon will settle Thursday a maturing $1.5 billion Eurobond, sending a signal to the market that the country has not defaulted despite the political crisis...
Lebanese banks are liquid but operating in a very strong “wave of uncertainty,” the banking association head said, describing temporary controls introduced...
S&P Global Ratings said on Friday that it lowered Lebanon’s long-term and short-term foreign and local currency sovereign credit ratings to ‘CCC/C’ from...
Lebanon's bank staff union called on Thursday for employees to stay on strike until it receives details of a security plan, especially on how to deal with...
International ratings agency Moody’s Tuesday downgraded Lebanon’s credit rating to Caa2 – deep into junk territory – and said it remained “on review” for a...
Calls are mounting for Lebanon to impose formal restrictions on the movement of money to defend the country’s dollar peg and prevent a run on the banks when...
A local financial expert has strongly disputed Tuesday's credit downgrade of two major banks by ratings agency Fitch, calling the move hasty and unfortunate.
Lebanon needs a political solution to the country’s crisis in the coming days to regain confidence and avert a future economic collapse, Central Bank Gov....
Lebanese officials promised to tax banks and slash their own pay as they unveiled an unprecedented package of measures to avert a financial meltdown and...
The president of the Association of Banks in Lebanon departed for Washington Monday to participate in the annual meetings of the World Bank and International...
Scores of Lebanese lined up outside of banks and ATMs across Lebanon Tuesday following nearly a full week of closures.