VOL. XXXII
NO. 15
16-JANUARY-1989
Financial and Banking News
REGIONAL BANKING
Banque du Liban Inherits another Catastrophe
The Banque du Liban (central bank) of Lebanon, already staggering under theburdens of political crisis, inflation, and economic paralysis, has nowinherited a fresh catastrophe - the apparent collapse of Mr. Roger Tamraz'sfinancial empire, comprising Bank Almashrek and four smaller Lebanese banks,with numerous subsidiaries and affiliates in Lebanon and abroad. On 6 Januarythe...
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