Friday, May 26, 2017

No new U.S. sanctions reported on banking sector. Banking and Parliamentary delegations return reassured


A delegation of banking sector representatives who recently visited the U.S. have succeeded in convincing American officials to shield local banks from the fallout of any potential financial sanctions on Hezbollah, according to the Chairman of the Association of Banks Joseph Torbey.

The delegation has met U.S. lawmakers involved in the new draft law that is under preparation and that includes a list of sanctions targeting Hezbollah and its associates. The officials that the delegation ha...

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