The ratings agency says the risks arise from (i) slower economic growth, following a sharp deceleration in H1 2011; (ii) downside economic risks, due to regional political uncertainty, particularly in neighbouring Syria; and (iii) banks? exposures to other regional countries that are experiencing political unrest and/or economic slowdown (including Egypt and Jordan).
Source: http://www.albawaba.com/moody%E2%80%99s-turns-negative-lebanese-banks-404592
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