Statements (56)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:government
|
| gptkbp:country |
gptkb:Lebanon
|
| gptkbp:criticizedFor |
mismanagement
political influence lack of transparency contributing to economic collapse delaying financial reforms enabling capital flight exposure to sovereign debt favoring elites lack of deposit insurance lack of restructuring resisting external audits restricting access to foreign currency |
| gptkbp:currency |
Lebanese pound
|
| gptkbp:faced |
bank closures
bank runs sanctions corruption allegations loss of public trust liquidity crisis capital controls IMF negotiations US dollar shortage devaluation of Lebanese pound loss of correspondent banking relationships restrictions on withdrawals |
| https://www.w3.org/2000/01/rdf-schema#label |
Lebanese banking sector
|
| gptkbp:knownFor |
offshore banking
attracting foreign deposits banking secrecy laws dollarization large diaspora remittances regional financial hub |
| gptkbp:main_regulator |
gptkb:Banque_du_Liban
|
| gptkbp:notable_for |
gptkb:First_National_Bank
gptkb:Bank_Audi gptkb:Fransabank gptkb:BankMed gptkb:Bank_of_Beirut gptkb:Blom_Bank gptkb:Byblos_Bank gptkb:Credit_Libanais gptkb:Société_Générale_de_Banque_au_Liban |
| gptkbp:number_of_commercial_banks_(2023) |
less than 50
|
| gptkbp:post-crisis_assets_(2023) |
significantly reduced
|
| gptkbp:pre-crisis_assets_(2018) |
over $200 billion
|
| gptkbp:regulates |
gptkb:Banque_du_Liban
|
| gptkbp:significantEvent |
gptkb:2020_Beirut_explosion
2019 financial crisis |
| gptkbp:subject |
gptkb:Basel_Accords
capital adequacy requirements Central Bank Circulars international anti-money laundering regulations |
| gptkbp:bfsParent |
gptkb:Bank_of_Lebanon
|
| gptkbp:bfsLayer |
6
|