BEIRUT: Lebanese banks are confident that a proposed United States law tightening financial sanctions on Hezbollah won’t affect the local banking sector, bankers said Wednesday.

“A delegation from the Association of Banks in Lebanon met recently with U.S. officials and congressional leaders in Washington, and we discussed the bill targeting Hezbollah’s finances. We made some remarks about the bill and asked for some modifications and the Americans complied,” one banker told The Daily Star.

He added that the amendments were necessary to protect the Lebanese banks and economy.

The Hezbollah International Financing Prevention Act of 2014, which was submitted to the U.S. House and Senate in April, aims to curb Hezbollah’s financial activities around the world.

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