What's next for the Lebanese banking sector?

This also makes the current unwinding that we’re currently witnessing, the biggest destruction of wealth in the history of the country.
by Dan Azzi

17 November 2019 | 20:28

Source: by Annahar

  • by Dan Azzi
  • Source: Annahar
  • Last update: 17 November 2019 | 20:28

A damaged ATM screen has been spray painted with a message that reads in Arabic, "Down with the rule of the banks," in Beirut, Lebanon, Tuesday, Nov. 12, 2019. (AP Photo)

Who remembers a banker or politician beaming proudly about the banking sector’s $170 billion in deposits? The Lira is safe, they would continue without skipping a beat, because the size of our...
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