Karim Souaid, who was speaking after officially taking office in Beirut, added that he will work on restructuring the banking ...

Lebanon's new central bank governor pledged Friday to fight money laundering, financing terrorism and drug smuggling, ...

Key questions loom ahead of US envoy Morgan Ortagus' Beirut visit: Will Hezbollah's disarmament be discussed?

The governor of Lebanon's central bank, Karim Souaid, took office on Friday, pledging to advance key reforms demanded by ...

He outlined a roadmap that includes restructuring Lebanon’s fragile banking sector, addressing the country’s mounting public ...

Depositors in Lebanon will receive their funds, which are frozen in the country’s struggling banks, over time as part of an ...

Karim Souaid says repayments will begin with small depositors, followed by medium-sized accounts, then larger depositors - ...

Lebanon’s Economy Minister Amer Bisat announced on Monday that depositors will eventually recover their funds, although the ...

Lebanon's newly appointed central bank governor Karim Souaid takes office in a handover ceremony in Beirut, Lebanon April 4, 2025. (photo credit: REUTERS/MOHAMED AZAKIR) Lebanon's new central bank ...

Karim Souaid also said the central bank would counter terrorism financing and eliminate the parallel economy as it seeks to ...

Karim Souaid, who was speaking after officially taking office in Beirut, added that he will work on restructuring the banking sector, public debt and returning money to depositors. Lebanon’s ...