Author: Karim

We have all heard specialists like Dan Azzi mention Ponzi’s word when describing the banking sector; what is a Ponzi scheme about? You might rightfully ask. The Lira rate of Lebanon is a hot ...

If you are Lebanese or have visited Lebanon for the past year, you might be aware of the Lira telegram groups. It is a unique invention of us, proud Lebanese. We are the only ...

Note: This version does not include the amendments of Intermediate Circular No. 572 of October 9, 2020 BANQUE DU LIBAN Basic Circular No 151 Addressed to Banks Attached is a copy of Basic Decision ...

The most talked-about topic in Lebanon these days is the exchange rate of 1 USD to Lebanese Lira. No wonder the LBP’s devaluation started nearly a year ago upon the start of the October 17, ...