GDPR

GDPR | Lebanon | Byblos Bank

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Byblos Bank

GDPR

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GDPR

You, Your Privacy, and the EU’s General Data Protection Regulation

 

All banks operating within the European Union – as well as Iceland, Liechtenstein, and Norway – are required to comply with the General Data Protection Regulation (GDPR), which was approved by the EU in April 2016 and came into force in May 2018.

 

The purpose of the GDPR is to govern the means and methods by which the data collected by banks for various purposes is processed (i.e. collected, handled, stored, distributed, and protected), as well as to provide individuals with some measure of control over how and when this data is used or otherwise disposed of.