Lebanese Bank: Alvarez & Marsal Starts Asset Audit

The Lebanon Central Bank has launched an audit of its foreign assets to promote transparency and accountability, conducted by the firm Alvarez & Marsal, which began its work on August 17, 2026. The audit covers the period from October 1, 2019, through the end of December 2023, and includes transactions related to commodity support, bank transfers, and public sector transfers, aiming to review the flow of funds and verify the procedures followed. The cooperation with relevant ministries and authorities has been successful, ensuring a comprehensive and transparent implementation process, with the goal of documenting Lebanon’s financial rights after the process was concluded.

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