Monday, December 11th, 2017 |العربية
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Banks

The Lebanese Cabinet approved in July 2012 to trade state property with property owned by Banque Du Liban, a transaction, which proved disadvantageous to the state as the latter agreed to the contract clauses, contrary to expert opinions.

The banking sector has constituted over the past few decades a major pillar of Lebanon’s national economy with considerable increases in bank deposits, loans and earnings, thus providing new vacancies every year and sufficient funds for the state to accelerate its economic growth. However, the...