Facilitators

The following entities have been added to OFAC's SDN List: JAMMAL TRUST BANK S.A.L. (a.k.a. JAMMAL TRUST BANK; a.k.a. "JTB"), JTB Tower, Elias Hraoui Avenue, Beirut, Lebanon; Jammal Trust Bank SAL Building, Rashid Karame Ave, Beirut, Lebanon; PO Box 11-5640 & 13-5750, Bank's Bldg, Rashid Karameh Ave, Beirut, Lebanon; SCI La Balance, Boulevard Giscard D'estaing, Abidjan, Cote d Ivoire; 15A Burma Road, Apapa, Lagos State, Nigeria; 3rd Floor, Berkeley Court, 6/7 Pollen St, London W1S 1ND, United Kingdom; Al-Buss, Lebanon; Al Furzol, Lebanon; Baalbeck, Lebanon; Beirut, Lebanon; Bint Jbeil, Lebanon; Bourj El Barajneh, Lebanon; Dora, Lebanon; Ghazieh, Lebanon; Jbeil, Lebanon; Jwaya, Lebanon; Kana, Lebanon; Labwe, Lebanon; Marjeyoun, Lebanon; Nabatieh, Lebanon; Saida, Lebanon; Tibnin, Lebanon; Tripoli, Lebanon; Tyre, Lebanon; Verdun, Lebanon; Abidjan, Cote d Ivoire; Apapa, Nigeria; London, United Kingdom; SWIFT/BIC JTBKLBBE; Additional Sanctions Information - Subject to Secondary Sanctions Pursuant to the Hizballah Financial Sanctions Regulations; All Branches Worldwide [SDGT] (Linked To: HIZBALLAH). 
 US TReasury 29 August 2019

...The US sanctions law is mandatory for Lebanese banks although it is a purely political law, used as a tool to put pressure on Hezbollah by destabilizing its environment and isolating it. We also expect that the list of blocked entities and persons will be expanded in the upcoming period, further threatening social stability. Therefore, it is crucial for Lebanese authorities to mobilize their resources at the international level to alleviate the consequences of this law by trying to balance between the national interest and the requirements of the international financial system. 

Dr. Ghazi Wazni is an Economic and Financial Expert He is the Director of the Economic and Financial

Association of banks in Lebanon Library June 2016

L'unico elemento interessante nella designazione resa nota ieri in tarda serata, è la nota sulla fattiva collaborazione da parte del Sultanato dell'Oman. Si tratta evidentemente di un segnale a tutti gli alleati, o anche semplici interlocutori, dell'Iran.
 E anche al sistema bancario libanese che è comunque sotto osservazione da diverso tempo.
Il fatto stesso che la Jammal sia impegnata in un tribunale americano, assieme ad altre banche, a difendersi da una causa "civile" per attentati compiuti in Iraq ai danni di soldati americani da parte di Hizballah, e che il giudice avrebbe per il momento sospeso il procedimento, la dice lunga sulla complessità del meccanismo e sull'efficacia che le sanzioni, alle quali ormai le istituzioni libanesi sono abituate, possono esercitare.