Bank Reform in Lebanon: Central Authority Under Growing Pressure

This is Beirut, 02/06 17:15 - Reading : 1 minute(s)

lebanon Banking Parliament Reform finance auathority

The parliamentary subcommittee tasked with banking reform held a pivotal session to examine Articles 5 and 6 of the draft law proposing the creation of an independent banking authority. Two competing visions are at the center of the debate. The first, supported by Banque du Liban (BDL), calls for the establishment of a new, autonomous body ...