UPDATE 1-Lebanon banking association agrees $1,000 weekly withdrawal cap – statement
16 Nov UPDATE 1-Lebanon banking association agrees $1,000 weekly withdrawal cap – statement
Posted at 20:11h
in
News
by KMFSLLP
The Association of Banks in
Lebanon agreed a set of temporary directives for commercial
banks including a $1,000 cap on weekly withdrawals from U.S.
dollar accounts, the association said on Sunday, amid a
worsening economic and political crisis.
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