[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Elijah J. Magnier 🇪🇺 [@ejmalrai](/creator/twitter/ejmalrai) on x 170.7K followers Created: 2025-07-16 05:36:41 UTC Lebanon’s Central Bank Submit to the US Order and Targets Al-Qard Al-Hassan with a Decree: A Message of Obedience to US Demands with no Real Impact on the Ground. Governor of the Central Bank of Lebanon, Karim Saade, informed Hezbollah MPs of impending action against Al-Qard Al-Hassan, under US order to the Lebanese government. He followed through with Circular 170, banning all banks and financial institutions from dealing—directly or indirectly—with unlicensed entities under international sanctions, naming Al-Qard Al-Hassan among them. Financial institutions in Lebanon rigorously submit to US instructions. Accounts tied to sanctioned groups are routinely frozen, often without formal instruction. Saade’s circular, unusually specific in naming targets, breaks the Central Bank’s tradition of issuing general regulations, suggesting a rushed effort to appease and implement Washington's orders rather than implement effective policy. The circular was issued unilaterally—before the Central Council could convene—raising questions about its legality and intent. Al-Qard Al-Hassan operates entirely outside Lebanon’s licensed financial sector and has no ties to regulated banks or investment firms. Microfinance operations like Al-Qard Al-Hassan fall under various ministries—Interior, Agriculture, or Social Affairs—not under the Central Bank. Al-Qard Al-Hassan is not a commercial bank. Its lending model is developmental, not profit-driven. It does not function like traditional banks in purpose, regulation, or risk. Circular 170, then, is less a financial tool than a political gesture—one that adds little, changes nothing, and tries to look like action. XXXXX engagements  **Related Topics** [lebanon](/topic/lebanon) [bank of](/topic/bank-of) [Post Link](https://x.com/ejmalrai/status/1945356893364371861)
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Elijah J. Magnier 🇪🇺 @ejmalrai on x 170.7K followers
Created: 2025-07-16 05:36:41 UTC
Lebanon’s Central Bank Submit to the US Order and Targets Al-Qard Al-Hassan with a Decree: A Message of Obedience to US Demands with no Real Impact on the Ground.
Governor of the Central Bank of Lebanon, Karim Saade, informed Hezbollah MPs of impending action against Al-Qard Al-Hassan, under US order to the Lebanese government. He followed through with Circular 170, banning all banks and financial institutions from dealing—directly or indirectly—with unlicensed entities under international sanctions, naming Al-Qard Al-Hassan among them.
Financial institutions in Lebanon rigorously submit to US instructions. Accounts tied to sanctioned groups are routinely frozen, often without formal instruction. Saade’s circular, unusually specific in naming targets, breaks the Central Bank’s tradition of issuing general regulations, suggesting a rushed effort to appease and implement Washington's orders rather than implement effective policy. The circular was issued unilaterally—before the Central Council could convene—raising questions about its legality and intent.
Al-Qard Al-Hassan operates entirely outside Lebanon’s licensed financial sector and has no ties to regulated banks or investment firms. Microfinance operations like Al-Qard Al-Hassan fall under various ministries—Interior, Agriculture, or Social Affairs—not under the Central Bank.
Al-Qard Al-Hassan is not a commercial bank. Its lending model is developmental, not profit-driven. It does not function like traditional banks in purpose, regulation, or risk. Circular 170, then, is less a financial tool than a political gesture—one that adds little, changes nothing, and tries to look like action.
XXXXX engagements
/post/tweet::1945356893364371861