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Source:
الشرق اللبنانية
Selim Saadeh Relected as Bank Association President
The article discusses the renewal of confidence in the President of the Lebanese Banking Association, Sulaiman Sfeir, for a fourth term, based on a positive assessment of the banking sector's performance during the financial crisis. It emphasizes the importance of cooperation between the government, Banque du Liban (the Central Bank), and the banks to find solutions to the crisis and restore depositor confidence. The article also highlights the need for a strong and resilient banking sector to support the Lebanese economy and sustain growth. It underscores that the expected solutions require joint efforts and responsible oversight, and it affirms that transitioning from crisis management to resolution presents an opportunity to revitalize the banking sector and the national economy as a whole.
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