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In addition to damaged infrastructure, Lebanese caretaker Tourism Minister Walid Nassar says 'the war [in Gaza] had a major impact on the tourism sector' - Click the link for more details.
BEIRUT:Lebanon s once burgeoning banking sector has been hard hit by the country s historic economic meltdown. It has suffered staggering losses worth...
Lebanon’s once burgeoning banking sector has been hard hit by the country’s historic economic meltdown. It has suffered staggering losses worth tens of billions of dollars and many of the small nation’s lenders now face possible closures or mergers.
Lebanon’s once burgeoning banking sector has been hard hit by the country’s historic economic meltdown. It has suffered staggering losses worth tens of billions of dollars and many of the small nation’s lenders now face possible closures or mergers. Yet bankers have been resisting attempts to make their shareholders assume responsibility for those losses and…
The banking sector in Lebanon has been struggling since the country’s economic meltdown began in October 2019. It was once a symbol of success in Lebanon, attracting investments and deposits