Lebanon banking sector can withstand U.S. sanctions -finance minister

BEIRUT, Aug 30 (Reuters) – Lebanon’s banking sector can handle the impact of the U.S. sanctions against Jammal Trusk Bank SAL and guarantee the money of depositors, the finance minister said on Friday.

Ali Hassan Khalil said on Twitter he was confident “of the banking sector’s ability to absorb the implications…and guarantee the money of depositors…and the central bank is doing what is necessary.” (Reporting by Ellen Francis Editing by Mark Heinrich)


READ  US STOCKS-Wall Street retreats as rate cut expectations ease


Please enter your comment!
Please enter your name here