Last Updated: Friday, 19 May 2023, 07:24 GMT

Bomb targets Lebanese bank embroiled in crisis over Hizballah finances

Publisher Radio Free Europe/Radio Liberty
Publication Date 13 June 2016
Cite as Radio Free Europe/Radio Liberty, Bomb targets Lebanese bank embroiled in crisis over Hizballah finances, 13 June 2016, available at: https://www.refworld.org/docid/576901d115.html [accessed 20 May 2023]
DisclaimerThis is not a UNHCR publication. UNHCR is not responsible for, nor does it necessarily endorse, its content. Any views expressed are solely those of the author or publisher and do not necessarily reflect those of UNHCR, the United Nations or its Member States.

June 13, 2016

A bomb has exploded near the headquarters of a bank in central Beirut that is involved in a dispute over how to deal with Hizballah finances.

Lebanon's Red Cross said two people were injured, but there were no fatalities from the explosion outside the headquarters of the Lebanese Blom Bank.

There were no immediate claims of responsibility for the attack.

Lebanon's banking sector has been embroiled in crisis since the United States passed a law requiring banks to target the finances of the Shi'ite political and militant group Hizballah.

Hizballah's parliamentary bloc has criticized the country's central bank over its push for commercial banks in Lebanon to comply with the U.S. law.

Blom Bank is one of the financial institutions that has closed accounts belonging to people suspected of having ties to Hizballah.

Hizballah had no immediate comment about the blast.

Based on reporting by Reuters and AP

Link to original story on RFE/RL website

Copyright notice: Copyright (c) 2007-2009. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036

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