Saturday, April 23, 2011

New banking scandal in Lebanon?

There is nothing to reassure bank customers except to maintain the confidentiality of their transactions. However, it seems that there is a banking scandal in Lebanon, where number of banks seems to provide information on debtors to other parties. This represents a disaster that might threaten the banking system in Lebanon, reduce its credibility and raise fears among dealers with Lebanese banks.

Riad Salameh, Governor of the Bank of Lebanon
� 2011 Al Bawaba (www.albawaba.com)

read more

Source: http://www1.albawaba.com/main-headlines/new-banking-scandal-lebanon

Sweden Simon Cowell Lake District Global climate talks Local politics Financial sector

No comments:

Post a Comment