Since Beirut’s overextended Intra Bank collapsed a year ago, the precarious prosperity of little Lebanon has been flattened by multiple misfortune. Despite a massive infusion of loans from the ...
Beirut was hit by a number of air strikes aimed at banks accused of funding Hezbollah - Shutterstock /Wael Hamzeh Israeli fighter jets destroyed branches of banks in Beirut accused of funding ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This strategic transformation positions Bank of Beirut UK to expand its ...
The U.K. Financial Conduct Authority (FCA) came down hard earlier this month on two employees of the Bank of Beirut (UK) Ltd and the bank itself. The FCA fined the bank’s former compliance officer, ...
Bank of Beirut UK has transitioned to the Temenos Core Banking and Payments platform, completing the move from its previous system in a process that lasted just over 15 months. Implementation was ...
LONDON, March 5 (Reuters) - The British subsidiary of Bank of Beirut has been fined 2.1 million pounds ($3.2 million) and barred from signing up new customers from some jurisdictions for 126 days ...
Branches of Al-Qard al-Hasan, which functions as Hezbollah’s de facto banking arm but also operates as an alternative bank for Lebanese, were targeted around Beirut and across the country’s south and ...
Temenos (SIX: TEMN), a global leader in banking technology, today announced that Bank of Beirut UK Ltd, has successfully gone live with Temenos Core Banking and Payments. Bank of Beirut has ...
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