Fadi Khalaf News Today

Bank depositors staged a sit-in in Beirut to protest the banks' illegal policies imposed on their deposits amid a stifling economic crisis.

The Lebanese pound has sunk to what activists are calling a 'grim' historic low, trading at 100,000 against the dollar.

Lebanon banks ‘have no liquidity,’ says association secretary-general

BEIRUT (Reuters) - Lebanon's commercial banks do not have enough liquidity to pay back depositors, the secretary general of the country's banking

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

BEIRUT: An expert in the banking sector on Monday ruled out the possibility of banks completely closing and stopping their ATM services, as such a step might backfire. The Association of Banks is expected to make a decision on Wednesday regarding ATM services, beginning Thursday. The Lebanese pound, meanwhile, dropped to a record low, trading at 68,000 LBP per USD on the black

Lebanon News, Breaking News | Banks are accused of opposing the Capital Control project in one place

BEIRUT (AP) — Lebanon's banks will remain closed indefinitely after rejecting a proposed government security plan, a senior official with the country's commercial banks association said on Thursday, amid a wave of protests and heists targeting its failing financial system.

BEIRUT (AP) -- Lebanon's banks will remain closed indefinitely after rejecting a proposed government security plan, a senior official with the country's