Banks’ Association says ready to discuss circular to be issued by Central Bank with complete positivity

Banks’ Association says ready to discuss circular to be issued by Central Bank with complete positivity

NNA - The Association of Banks in Lebanon issued this Friday the following statement:

"In light of the statement issued by the Central Bank today, June 4, 2021, (…) the Association of Banks utters appreciation for the work done by the Central Council of the Central Bank, headed by His Excellency the Governor Riad Salameh, at this very sensitive stage, in order to maintain monetary stability and work to pay the bulk of deposits in foreign currencies to small depositors. The book issued by the Association of Banks and addressed to His Excellency the Governor preceded the Central Bank statement. The Association of Banks thus expresses its full readiness to discuss the aspects of the circular to be issued by the Central Bank in a completely positive manner, for the sake of public interest."