Lebanese Banks Told to Encourage Some Clients to Repatriate Cash
- Date: 27-Aug-2020
- Source: Bloomberg
- Sector:Financial Services
- Country:Lebanon
Lebanese Banks Told to Encourage Some Clients to Repatriate Cash
Follow us @middleeast for more news on the region.Lebanon's central bank asked lenders to encourage clients considered politically exposed to return part of the money they transferred abroad since 2017 to boost liquidity.
In a circular issued Thursday, the central bank said lenders should urge those clients who transferred at
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