6 Hrs
Source:
الكتائب اللبنانية
Barakat: Liban's approach matches global standards
The article discusses Lebanon's banking sector approach to financial stability, where experts have indicated that the leaked document demonstrates that the policies proposed by the bank align with international standards. These policies aim to rebuild a strong banking sector characterized by soundness, liquidity, and economic sustainability. The proposed measures include strengthening the sector’s capital adequacy according to Basel III standards, ensuring sufficient levels of liquidity, restoring its role as the lender of last resort, and enhancing confidence in the financial system. The framework also emphasizes defining the state's contribution to rebalancing finances in a way that avoids placing a heavy burden on sovereign debt, with a need to test the proposed pathways before implementation. These policies are intended to restore operational capacity, protect depositors, and reinforce confidence in the future of the Lebanese financial system.
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