Deposits

Banking Sector: The State Must Acknowledge Its Debts

Banking circles reject what is being circulated in some political meetings about nationalizing banks and scrapping bank deposits in a so-called “convincing way.” A financial official stresses the importance that “Lebanon adheres to private ownership and ensures the independence of the Banking sector.” He argues that the state is not ...

Khalaf: Balancing Deposit Security and Liquidity Availability

The Secretary-General of the Association of Banks in Lebanon (ABL), Fadi Khalaf, stated in the introduction of the association's monthly report that "cooperation between political, monetary, and banking authorities could pave the way towards achieving a balance between the security of deposits and liquidity, to ensure a better future for Lebanon ...

Bankers’ Talks

  Few bankers get the chance to speak freely in the media, as this is frowned upon. They're seldom invited to debates, and if they are, it's only to be bombarded with a well-prepared barrage of acidic slurs. In fact, we have been hearing the same tirades for the past five years, with each critic thinking they've made a groundbreaking ...