Economic crisis

Lebanon PM publishes long-awaited banking law draft

Lebanon PM publishes long-awaited banking law draft

  • The law stipulates that each of the state, the central bank, commercial banks and depositors will share the losses accrued as a result of the financial crisis.
  • Depositors with a limit of $100,000, over the course of four years
By AFP ·

Bank raids return as Lebanese confront economic crisis

Bank raids return as Lebanese confront economic crisis

By NAJIA HOUSSARI ·