Forensic experts inspect the site of the explosion that targeted BLOM Bank in Beirut's Vedun area, Monday, June, 13, 2016. (The Daily Star/Mohammad Azakir)
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Senior government officials and bankers scrambled Monday to contain the repercussions of a bomb attack on one of Lebanon's biggest banks, an assault seen as targeting the entire banking sector and a serious escalation of a crisis over the implementation of a U.S. sanctions law targeting Hezbollah's finances.Some banks, including BLOM, froze accounts linked to Hezbollah after the U.S. sanctions law went into effect in March.The statement was apparently referring to Hezbollah officials who have criticized Lebanese banks for abiding by the U.S. sanctions.Hezbollah has so far not commented on the bombing, which came days after Salameh announced that about 100 Hezbollah-linked accounts have been frozen in accordance with the U.S. sanctions legislation.The Association of Banks in Lebanon said the bombing had targeted the entire banking sector.Last month, the Central Bank instructed the country's banks and financial institutions to comply with the U.S. sanctions against Hezbollah.The Central Bank subsequently issued a directive requiring the banks to refer accounts considered linked to Hezbollah to an investigative unit before any measure is taken.
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