First report 1h ago•Last update 1h ago
Lebanon's Central Bank revokes license of Bank Saderat Iran
Lebanon's central bank has canceled the local license of Bank Saderat Iran, reportedly due to pressure from the United States.
Background
Lebanon is grappling with a severe economic crisis, leading to increased scrutiny of its financial institutions and governance. The United States has long exerted pressure on Lebanon to counter illicit financial activities and the influence of groups it designates as terrorist organizations, including Hezbollah, which maintains strong ties with Iran.
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Lebanon's Central Bank revokes license of Bank Saderat Iran
First report 7h agoLast update 2h ago1 takes 1
license revoked amid us pressureneutralShow 3 posts
started 7h ago•Last update 2h ago
The revocation of Bank Saderat Iran's license by Lebanon's Central Bank is framed as a consequence of US pressure.
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