Central Bank Forms Committee to Restructure Banking Sector

W460

The Central Bank of Lebanon said in a statement on Thursday that it formed a committee to restructure Lebanon's financially hit commercial banks.

The mission of the committee is to study the necessary amendments on prudential regulations, and to study restructuring of commercial banks, assess their financial performance, and propose necessary steps to preserve the integrity of the banking sector, said the administrative memo.

SourceNaharnet
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