Abstract
Over the last thirty years, blunders have been committed in the Lebanese financial sector. Besides, mistakes made with good faith, and the financial and economic crisis of years 2019 and 2020, on the other hand, has resulted in much greater deficiencies of trust and rises in the emotional distance between Lebanese people and their banks than the previous crisis. One collateral effect of the crisis and the, at times, scorching antagonisms that have afflicted banks and their customers has been an unfathomable reluctance on the part of banks to interact with their consumers. Therefore, this research spots the light on “Financial crisis of 2019-2020” alongside with the impact of this crisis with prominence on the Lebanese banking sector. Thus, in this research, researcher present systematic scoping literature review that discuss in depth fundamental studies published about financial crisis and Lebanese banking sector performance, in addition to gathering data from secondary data sources to present credible and accredited data that was introduced by Lebanese banks, BDL and MOF until year 2020. Research limitations and future recommendations are provided at the end of this paper.
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