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Riad Salameh

Riad Salameh latest

Lebanon: Gov't To Decide on Circular Regulating Bank-Customer Relationships
February 2nd, 2020 - 06:48 GMT

Lebanon: Gov't To Decide On Circular Regulating Bank-customer Relationships

The Lebanese government has taken a central bank circular aimed at regulating the relationship between banks and their customers and will study and decide on it within days, Finance Minister Ghazi Wazni told LBC broadcaster Saturday. Lebanese banks, seeking to prevent capital flight, have tightly controlled access to deposits and blocked most foreign transfers since October, when anti-government protests brought a long-brewing Lebanese economic crisis to a head. However, the ...
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Standard Chartered said in its report on Lebanon that it expects GDP growth to pick up marginally to 1.5 percent in 2017, from an estimated 1 percent in 2016. (AFP/File)
April 16th, 2017 - 01:32 GMT

Lebanon's political scene is changing, so is its economy

 Among the options Salameh may resort to is to issue new certificates of deposit with long-term maturity that carry 7 to 9 percent interest. (File photo)
September 29th, 2016 - 09:47 GMT

Lebanon: The irony of having too much cash in the bank

The deadline for the implementation of the automatic tax data exchange ends in September. (File photo)
September 20th, 2016 - 09:56 GMT

Lebanon's banks risk international blacklisting if tax disclosure bill is not passed

Nearly 30 percent of the assets of banks in Lebanon are in cash. (File photo)
September 7th, 2016 - 08:00 GMT

Lebanon's dash for cash: Demand for hard currency doubles over seven years

BLOM bank in Beirut came under attack in June. (AFP/File)
August 4th, 2016 - 04:51 GMT

Lebanon: Financial analysts warn of long-term economic repercussions after BLOM Bank attack

Lebanon's Shia movement Hezbollah acts as a parallel government in parts of the country, providing a range of social services. (AFP/Rouba El Husseini)
July 21st, 2016 - 06:13 GMT

Lebanon to ensure local banks comply with US anti-Hezbollah law

Investigators at the scene of the BLOM bank bombing in Beirut on June 13, 2016. (AFP/Patrick Baz)
June 16th, 2016 - 04:00 GMT

Beirut bank bombing: Two suspects arrested, investigation continues

An explosive device hidden in plants outside BLOM bank headquarters in the Verdun neighborhood went off shortly after 8 pm on a mainly deserted street last night. (AFP/Anwar Amro)
June 13th, 2016 - 04:22 GMT

Beirut's BLOM Bank bombing keeps spotlight on Hezbollah funding debate

Young Lebanese sit below posters of Shia leaders including Hezbollah's Hassan Nasrallah. (AFP/File)
June 9th, 2016 - 07:45 GMT

Lebanon closes Hezbollah bank accounts

The report did not disclose the names of the individuals or groups whose bank accounts were frozen, their nationalities, or amounts. (Shutterstock)
May 24th, 2016 - 08:02 GMT

Giving the game away: Lebanon lifts banking secrecy on 28 accounts

The Act that was passed in the US is an U.S. act whose implementation is required throughout the world and in Lebanon, said Central Bank Governor Riad Salameh. (The Daily Star)
May 19th, 2016 - 12:00 GMT

Lebanon's failure to comply with US anti-terrorism funding laws will isolate banks: Salameh

The deficit in the balance of payments, and which reached $664 million in the first three months of 2016, constitutes a challenge facing monetary stability in Lebanon. (World Finance)
May 15th, 2016 - 08:12 GMT

Lebanon's Central Bank to launch more economic initiatives

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