ABL and Sector News

Press Release

August 30 2019
"The Association of Banks in Lebanon regrets the decision of the U.S Department of the Treasury to place Jammal Trust Bank SAL on OFAC’s sanctions list. 
The ABL affirms that this action will not affect the Lebanese banking sector in any way. It also reaffirms the commitment of the banking sector to the international rules and the Lebanese rules in force. 
The ABL assures the safety of the money deposited in Jammal Trust Bank SAL and praises the Central Bank’s capacity to take the necessary measures that would address the situation, as it did in previous situations. "
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