Lebanon’s Amended Banking Secrecy Law
End of an Era or a New Chapter? In 1956, Lebanon introduced one of its most influential financial pillars: the Banking Secrecy […]
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The Role of the Urgent Matters Judge in Lawsuits Against Banks in Lebanon
The Urgent Matters Judge in Lebanon plays a vital role in resolving disputes with speed. However, many depositors have mistakenly turned to this court, believing it could resolve issues with their frozen bank accounts.
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Unjust Profits at the Expense of Depositors: A Legal Loophole?
Lebanon’s financial crisis and the rapid devaluation of the Lebanese pound have reshaped the banking landscape, leading to controversial legal and financial […]
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The Legal Standing of Checks in Lebanon’s Financial Crisis
Lebanon’s ongoing financial crisis has deeply affected multiple sectors, with the banking system bearing the brunt of the collapse. Confidence in banks […]
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A New Path for Economic Recovery and Depositors’ Rights
Lebanon has endured one of the most severe financial and economic crises in modern history—so profound that international analysts have ranked it among the worst globally. The reasons behind this collapse are well-documented, as are its devastating effects on society, businesses, and the economy as a whole.
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Impact of Exchange Rate Collapse on Auction Procedures and Debt Collection in Lebanon
With the collapse of the Lebanese lira and complex legal debates over USD payments, creditors across Lebanon are facing significant challenges in recovering debts. The recent suspension of public auctions—a key step in debt recovery—reflects the need for an approach that protects the interests of both creditors and debtors alike.
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Limits of Urgent Matters Court in Banking Disputes
In light of Lebanon’s ongoing financial crisis, many depositors have turned to the urgent matters court to recover their seized bank deposits.
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Understanding Bank Immunity Under Law No. 318Banks Litigation
Did you know that Lebanese Law No. 318, issued on April 20, 2001 (the Law on Combating Money Laundering Crimes), grants Lebanese […]
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Banks and the Impact of Lebanon’s Economic and Financial Collapse
Since October 2019, Lebanon’s economic collapse has severely impacted its banking sector, leading to unprecedented financial struggles for many citizens.
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Can Lebanese Banks Regain Your Trust?
The banking sector in Lebanon plays a vital role in supporting the private sector and funding the government. However, recent financial and economic challenges have significantly disrupted banking services, leading to a loss of trust and limited operations.
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