OFAC lists Lebanese bank as a specially designated global terrorist

OFAC has listed Lebanon-based Jammal Trust Bank (SAL) as a specially designated global terrorist (SDGT) pursuant to Executive Order 13224 for providing financial, material or technological support for, or financial or other services to Hizballah. Jammal Trust’s Lebanon-based subsidiaries Trust Insurance SAL, Trust Insurance Services SAL, and Trust Life Insurance Company SAL have also been designated for being owned or …