A woman walks past a bank, with windows damaged by anti-government protesters, in the capital Beirut. Debt-ridden Lebanon is facing its most serious economic crisis since the end of the 1975-1990 civil war. AFP
A woman walks past a bank, with windows damaged by anti-government protesters, in the capital Beirut. Debt-ridden Lebanon is facing its most serious economic crisis since the end of the 1975-1990 civiShow more

Business

Lebanon deferred debt payment will likely lead to significant losses for creditors

A default by the country, the first in its history, will have serious implications for the banking sector which underpins the economy

Massoud A Derhally
Massoud A Derhally

March 10, 2020