Printer Friendly

Lebanese central bank seeking extra powers.

M2 EQUITYBITES-January 13, 2020--Lebanese central bank seeking extra powers


Global Banking News - 13 January 2020

The Lebanon central bank has sought extra powers for the benefit of consumers.

The bank said that it needs the extra powers to regulate and standardize controls that commercial banks are imposing on depositors. The the central bank head said that it is aiming for fair treatments of consumers by banks.

Commercial banks in the nation have been tightly controlling access to deposits in order to prevent capital flight.

[Editorial queries for this story should be sent to]

((Comments on this story may be sent to

COPYRIGHT 2020 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2020 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Date:Jan 13, 2020
Previous Article:Willis Re hires new head for customised reinsurance.
Next Article:IES acquires Colegio Joyfe school in Madrid, Spain.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters