r/MiddleEastNews - Lebanon’s Banks Threaten to Sue the State

A senior Lebanese official in the financial sector warned that the country was in a severe monetary crisis as a result of explicit duplicity in the state to dealing with the governance of the central bank and the banking system.

Raya Hassan, chairman of the board of Bankmed, revealed that Lebanon’s banking sector is seriously considering suing the state for measures it is taking against local banks.

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