Risks From US Sanctions Mitigated For Now
Country Risk / Lebanon / Fri 15 Sep, 2017
Plans to expand US sanctions on Hizbullah, which would have had a negative impact on the Lebanese banking sector, have been watered down, in a positive development for the sector. This will enable banks to continue to grow deposits and assets at a robust pace, driven by improving confidence in the economy and a loyal depositor base.
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