Republic New York Corp. has upgraded its Beirut representative office into a regional banking office for the Middle East.

A spokesman for Republic National Bank of New York said the move was primarily aimed at overcoming the difficulties of dealing with the time difference between New York and Beirut.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.