Monday, June 13, 2016

Banks defy terror and commit to business as usual. Makram Sader: BLOM Bank not being overzealous


BLOM Bank said the explosion targeting its headquarters on Sunday evening did not result in any damage to the bank's documents. It stated that services continue to be provided across all its branches. Headquarters operations are being carried out in the adjoining premises until repair works are completed.

Some media reports linked the explosion to the closing of bank accounts in compliance with the US Hezbollah International Financing Prevention Act.

Makram Sader, Secretary General...

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