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The Syrian central bank prevents Lebanese banks from closing operations in the country |
Lebanese banker Georges Sayegh has long been associated with Blom Bank, the Beirut-headquartered financial institution. In 2004, when Blom set up Bank of Syria and Overseas (BSO), its Syrian operation, he was its first general manager. To this day he remains Blom’s representative on the board of BSO, as well as an adviser to the general management of Blom.
But that is about to change.
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