Lebanon has taken the unprecedented step of closing Hizballah’s bank, Al Qard al Hassan, capping off months of incremental restrictions. The central bank first banned exchange house interactions with the entity in July, then prohibited all transactions earlier this month.
Shuttering Hizballah’s Bank: Disruption or…
Lebanon has taken the unprecedented step of closing Hizballah’s bank, Al Qard al Hassan, capping off months of incremental restrictions. The central bank first banned exchange house interactions with the entity in July, then prohibited all transactions earlier this month.