Lebanese banking sector holding up, despite Syria crisis – central bank
Banking sector remains liquid and well capitalised, despite “strained” Lebanese economy
Lebanon’s banking sector remains stable, despite political tensions, security challenges and regional unrest, the Central Bank of Lebanon says in its latest monetary policy update, published today (April 11).
The country’s banking sector has “proven its worth”, the central bank says. Activity increased over the year, and banks maintained liquidity and capital ratios in excess of global minimum levels.
The central bank has supported the banking sector via unconventional credit facilities that
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