21 Hrs
Source:
جنوبية
Paris Talks Over Deposits
The Central Bank of Lebanon held closed-door consultative meetings in Paris on October 27 and 28, with banks selected by the Association of Banks in Lebanon and its financial advisers taking part. The meetings addressed bank recapitalization, the handling of losses, and an assessment of current and future liquidity to determine what funds could be used to repay deposits and what timelines would be realistic. The Bank stressed that banks are partners in returning deposits and supporting economic recovery, and that it would not make promises beyond what could actually be achieved. The Governor also met in Paris with the Governor of the Bank of France and officials from the U.S. Treasury, as well as attending meetings concerning lawsuits related to embezzlement, fraud, and illicit enrichment.
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