Financial Results
Regulation, Risk & Compliance
Retail Banking
Uncategorized
Lebanese central bank instructs banks to cap interest rates on deposits
Lebanon’s central bank told commercial banks on Wednesday to cap their interest rates on deposits in foreign currencies at 5% and to cap the rate on Lebanese pound deposits at 8.5%. The central bank also said it would pay interest due on U.S. dollars deposited with it by Lebanese banks…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Gulf News