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Banque du Liban

Banque du Liban - Lebanon financial crisis - Financial Gap Law - IMF reforms

The $8 billion gap: Who pays the price?

Lebanon’s $8 billion financial gap dispute has become a central battle over who owns the funds, how losses should be distributed, and whether Banque du Liban or the banks should bear responsibility for returning depositors’ money.

By Patricia Jallad
Banque du Liban - Lebanon banking reform - Higher Banking Commission - Finance and Budget Committee - IMF

Final steps before banking reform approval

Lebanon's Finance and Budget Committee is nearing completion of amendments to the banking reform law, with only a handful of issues still under discussion. The proposed changes are key to advancing reforms sought by the IMF and reshaping the country's banking sector.

By The Beiruter