The value of the Syrian pound on the black market sank to 1,000 to the U.S. dollar at some money changers Tuesday, marking a new record low for the...
The value of the Syrian pound on the black market sank to 1,000 to the dollar at some money changers Tuesday, marking a new record low for the nosediving...
Lebanese officials recently celebrated the country’s 76th year of independence.
Lebanon repaid $1.5 billion in Eurobonds Thursday, but the question remains: Will any new government be able to refinance the remaining outstanding Eurobonds...
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...
Controls imposed by Lebanese banks on access to cash are fueling concern among depositors who are worried for their savings despite government assurances they...
The Association of Banks in Lebanon agreed a set of temporary directives for commercial banks including a $1,000 cap on weekly withdrawals from U.
Lebanese student Fatima Jaber’s family is struggling to pay off multiple loans with double-digit interest rates.
At the root of the economic grievances fueling Lebanon’s mass protests lies what looks like a regulated Ponzi scheme.
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...
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...
Lebanese banks to remain closed Tuesday: Association of Banks in Lebanon
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.
Banks in Lebanon to close Saturday: Association of Banks in Lebanon
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...
In common with millions of other Lebanese living abroad, London restaurateur Moufid Shamms is unable to send cash back to support his family - in his case...
Central Bank Gov. Riad Salameh is expected to introduce a new mechanism to slash the interest rates on dollar and Lebanese pound deposits and loans in 2020,...
There is no more confidence in the ruling elite, but they are still required to come up with a plan to prevent an all-out economic collapse.
Lebanese banks are liquid but operating in a very strong “wave of uncertainty,” the banking association head said, describing temporary controls introduced...
Lebanese banks reopened most of their branches Tuesday under the watchful eyes of the security forces to ensure the smooth and uninterrupted operations in...