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Ed Royce: ‘Lebanese banks are doing the right thing’

Ed Royce: ‘Lebanese banks are doing the right thing’

The Hezbollah International Financing Prevention Act (HIFPA), a US law aimed at blocking Hezbollah’s access to the financial sector, has caused weeks of commotion in Lebanon, where the central bank’s decision to implement the rules has led to tension between the country’s banks and the Lebanese Shi’ite group.

Middle East: Accad wakes up ABK

Middle East: Accad wakes up ABK

Two years into what he says will be the last job of his career, ABK’s chief executive Michel Accad has already taken the bank from a domestic to a regional player and begun much-needed modernization.

Euromoney Country Risk More Stories