Lebanon Central Bank suspends medical approvals for staff at specific hospitals

The Governor of the Banque du Liban has issued a circular suspending medical and hospitalization approvals for central bank employees at Al Rasoul Al Azam Hospital and the LMC Center.

The decision follows the central bank's revocation of the local license for Bank Saderat Iran, which is scheduled to liquidate its operations by early 2027. Financial expert Bilal Allama noted that Al Rasoul Al Azam Hospital reportedly maintains banking ties with the Iranian bank, creating compliance and regulatory risks regarding direct financial transfers.

While direct transfers to the hospital have been halted to avoid risks associated with the unlicensed bank, central bank employees retain the right to receive treatment by paying expenses upfront and seeking reimbursement through established mechanisms. The inclusion of the LMC Center in these measures has prompted calls for further official clarification regarding its specific banking relationships.