Bank of Lebanon denies financial ties with Syrian regime


The Bank of Lebanon has said the Arab League's decision to implement financial sanctions on Syria will have no bearing on the central bank's operations, as it is not in possession of any funds from the Central Bank of Syria.

On Tuesday, Reuters newswire reported Riad Salameh, the governor of the Bank of Lebanon, as telling a local news agency that Damascus does not have any funds deposited at the central bank. "Lebanon's central bank does not have any money of the Syrian central bank on its book

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: