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| Riad Salamé, the long-serving governor of the Banque du Liban |
Every time Lebanese bankers jump a hurdle, another one rises before them.
Twelve months ago, on a quiet evening during Ramadan, a bomb exploded outside the headquarters of Blom Bank in Beirut. Responsibility for the attack was never claimed, but it was widely interpreted as a warning sent by Hezbollah to the Lebanese banking community, which was in the process of implementing a US law – the Hezbollah International Financing Prevention Act, or HIFPA – curbing the Shi’ite party’s access to the financial sector.
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