The woman and a group of depositors took hostages at Blom bank in Beirut, demanding withdrawals from their accounts
Blom Bank
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Blom Bank
Lebanon’s banks impose commission fee on international transactions
The move affects Lebanese in and out of the country, including those in the Gulf, making goods and services purchased abroad more expensive
Bank Audi
Lebanese banks seek deadline extension to ultimatum to increase capital by 20%
Central bank governor says if Lebanese banks fail to increase their capital by 20% by the end of February, they must exit the market
Arab Banking Corporation Bahrain
Bahrain’s Bank ABC eyes $427m deal for Egyptian business of Lebanon’s Blom
Sale will help Blom Bank to comply with regulations to increase their equity by 20%
Blom Bank
Business conditions in Lebanon unlikely to improve in 2021, says economist
Lebanese businesses continued to cut staff numbers in December with the rate accelerating to the quickest since July