How Lebanese banks are handling US sanctions on Hezbollah - Al-Monitor: the Pulse of the Middle East
▻http://www.al-monitor.com/pulse/originals/2016/01/us-sanctions-lebanon-banks-hezbollah.html#
On Dec. 18, US President Barack Obama signed the Hezbollah International Financing Prevention Act of 2015, imposing sanctions on foreign financial institutions that deal with Hezbollah and its affiliated Al-Manar TV channel.
In a Dec. 21 speech delivered on Al-Manar, Hezbollah Secretary-General Hassan Nasrallah cautioned institutions against panicking over the US measures. Nasrallah stressed that neither Hezbollah nor any of its institutions have financial accounts at any Lebanese bank. He also called on the Lebanese government to ensure that the sanctions do not harm Lebanese citizens or institutions.
Read more: ▻http://www.al-monitor.com/pulse/originals/2016/01/us-sanctions-lebanon-banks-hezbollah.html#ixzz3x9LunZiQ