Lebanon banking commission to assess if lenders met targets set last year: Governor
Lebanon’s central bank governor said on Monday the Banking Control Commission would evaluate which banks had managed to raise their capital by 20 percent and boost their liquidity after a deadline for the lenders to meet these targets passed.
For the latest headlines, follow our Google News channel online or via the app.
Governor Riad Salameh told Reuters Lebanese banks that do not meet the targets he set last year would be deferred to the central bank’s higher banking commission to take “appropriate decisions”. He did not say whether the banks had fulfilled the requirements.
Read more:
Top Lebanese lawmaker calls for World Bank official to be kicked out after threats
As Lebanon’s banks struggle to raise capital by 20 percent, a deadline looms
World Bank to monitor Lebanon’s COVID-19 vaccine campaign as first doses arrive
Also Read
-
Top Lebanese lawmaker calls for World Bank official to be kicked out after threats
Lebanon’s deputy parliament speaker Wednesday called for the World Bank representative in the country to be expelled after the official threatened to ... Middle East -
As Lebanon’s banks struggle to raise capital by 20 percent, a deadline looms
Paralyzed by financial crisis and riven with political risk, a number of Lebanon’s banks are struggling to meet a central bank target to raise their ... Economy -
World Bank to monitor Lebanon’s COVID-19 vaccine campaign as first doses arrive
As Lebanon prepared to receive its first COVID-19 vaccines on Saturday, the World Bank said it would closely monitor the inoculation campaign that it ... Coronavirus
