Lebanese Financial Crisis: How to save the banking sector

We estimate the cost of a bank recapitalization and consolidation plan to amount to $20-$25 billion.
by A Citizen Initiative

28 March 2020 | 17:31

Source: by Annahar

  • by A Citizen Initiative
  • Source: Annahar
  • Last update: 28 March 2020 | 17:31

FILE - In this Jan. 14, 2020 file photo, anti-government protesters smash a bank widow, during ongoing protests against the Lebanese central bank's governor, on Hamra Street, in Beirut, Lebanon. (AP Photo).

Lebanon is currently facing an unprecedented economic and financial crisis that has exposed the fragility of the banking sector and revealed the need for an ambitious series of well-managed and sound...
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