DCP WORK SHEET SUBJECT: IMPLEMENTATION OF LEBANESE BANKING SECRECY LAW.

Document Type:

CREST [1]

Collection:

General CIA Records [2]

Document Number (FOIA) /ESDN (CREST):

CIA-RDP63-00084A000200090009-7

Release Decision:

RIPPUB

Original Classification:

Document Page Count:

Document Creation Date:

December 9, 2016

Document Release Date:

January 24, 2000

Sequence Number:

Case Number:

Publication Date:

February 6, 1957

Content Type:

MISC

File:

Attachment	Size
CIA-RDP63-00084A000200090009-7.pdf [3]	59.52 KB

Body:

Approved For Release 2000/08/23 : CIA-RDP63- 00YJ900200090009-7 6 Febrs.y 1957 25X1A9a information in this nemorafdam, is dram frc Press sot 'oea . 1d (EUD CO?'J DENTIA.T. - BEGIN UNCLASSIFIED) A Lebanese 'oankirg secrecy law was enacted 3 September 1956, forbidding banks to r+ eal information concerning certain client O affairs, even to t courts. The lair pernite accounts and safe deposit bocce to be identified by rrnber, with the rime of the depositor known only to senior beak offieiaiem 2? According to L'Q'ient Beirut (7 November 1956), the follow- ing bad have been au ze to operate und3r the Banking Secrecy Lms: Banque Belgo-Libanise Eastern Bank Ltd o Bank G. Trad (Credit Lyonnais) Banque. Sabbagh Eastern Cazm erc1as1 Bark Credit Fancier d'Algerl.e at de Tunisie Banque al-Ahli Chase Manhattan Bank Banque Irxt . Banco di Rana British Bank of the Middle East Banque National poiw le Commerce et 111ndustrie Arab Ben- Federal Bank of Lebanon Banque de Liban at d' Outre- r Banque de Syria et du Libya Compagnie Algerierrae Banque Msr-5yrie- -iben Banc Libanaise pour le Corm e Banque Seradar Bnsi ue An Cat t ea q 25X1A9a ULk DCP Representative b ~ Wo ev M ~~ Y4!Y Approved For Release 2000/08/23 : CIA-RDP63-00084AO00200090009-7 SUBJECT: Implementation of Lebanese Banking Secrecy Law*