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Opening of the Banks Association’s monthly report: Once again... financing the deficit with depositors’ money

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Opening of the Banks Association’s monthly report: Once again... financing the deficit with depositors’ money
An-Nahar
WHAT TO KNOW

An-Nahar: The Association of Banks in Lebanon report discusses imposing taxes on banks’ losses and their impact on liquidity and deposits amid the financial crisis and the deterioration of the lira’s exchange rate…

Machine translation of an attributed source excerpt. Consult the original report to verify details. Translated from original reporting in another language.

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EconomyTranslated2 outlets

Secretary General of the Association of Banks: Once again, financing the deficit with depositors’ money

National News Agency: National News Agency – The Secretary General of the Association of Banks in Lebanon, Dr. Fadi Khalaf, wrote in the opening editorial of the association’s monthly report: “Once again, financing the deficit with depositors’ money. At a time when banks are working to gather as much liquidity as possible to repay deposits to their owners, the state appears to be looking for…”

National News AgencyCH23
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