The Lebanese banking sector has been tested against internal and external shocks many times through recent decades, and it has been tested yet again this year. The sector still enjoys…
Tag:
Interest Rates
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With more than 60 of them jostling for market share, one would expect Lebanese banks to use every trick in the book to lure in customers — including attractive…
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The high interest historically paid out by Lebanese banks on deposits in Lebanese lira (LL) made the country an attractive location for stashing cash. At its peak, near the…