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Tag: Banking

October 30, 2024October 30, 2024Banking, Finance and Bankruptcy

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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October 15, 2024October 15, 2024Banking, Finance and Bankruptcy

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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October 9, 2024October 10, 2024Banking, Finance and Bankruptcy

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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October 2, 2024October 2, 2024Banking, Finance and Bankruptcy

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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May 14, 2024June 5, 2024Banking, Finance and Bankruptcy, Blog

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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