US slaps sanctions on Lebanon's Jammal Trust Bank

US slaps sanctions on Lebanon
# 29 August 2019 23:34 (UTC +04:00)

The United States has sanctioned Lebanon's Jammal Trust bank for providing financial services to Hezbollah, according to the US Treasury Department, APA reports citing Sputnik.

The bank's affiliates, such as Trust Insurance Co. SAL, Trust Insurance Services SAL, Trust Life Insurance Co.SAL are also on the list.

Tensions between Israel and Lebanon escalated earlier this week following a series of drone-related incidents, including a suspected Israeli attack on a Hezbollah office in Beirut.

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THE OPERATION IS BEING PERFORMED