An insurance assessor takes pictures of the damage at the headquarters of the Lebanese Blom Bank where an explosion occurred outside the bank on Sunday, in Beirut, Lebanon June 13, 2016. REUTERS/Aziz Taher
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The bomb attack on one of Lebanon's leading lenders neither caused panic in the market nor did it prompt people to buy more dollars.After calling on the authorities and security forces to reveal the identity of the perpetrators, ABL repeated that banks are working within the rules applied in international markets and in accordance to the circulars of the Central Bank, hinting that banks are committed to the U.S. Treasury measures against Hezbollah.However, some economists and financial experts fear that the U.S. Treasury could add more names to the current 99 names. Wazni added that Daniel Glaser, the assistant secretary for the Department of the Treasury of the United States, has tried to allay the fears of the Lebanese by assuring that this law is only targeting Hezbollah and not the Shiite community.Wazni stressed that the banks are obliged to comply with the U.S law to safeguard this sector.
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