More than one billion dollar deposited to get the economic ball rolling in Lebanon

Yazbec Wehbe Author: Yazbec Wehbe
Breaking Headlines
2019-09-07 | 13:05
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
More than one billion dollar deposited to get the economic ball rolling in Lebanon
LBCI
Watch now
More details about online video viewing packages
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
0min
More than one billion dollar deposited to get the economic ball rolling in Lebanon

A deposit of USD 1.4 billion entered Banque Du Liban at the end of last month and sources confirmed to LBCI that Goldman Sachs investment banking company is the one to secure the deposit, with SGBL bank playing the mediator role.

 

Economic experts said there are two possibilities for the arrival of this deposit, one is that Goldman Sachs, which has a balance of thousands of billions of dollars, made this deposit for investment purposes, despite the low ranking of Lebanon, but because of the high interest rate that could secure large revenues.

 

The second possibility is more political, stating that the United States asked the American company to support the Lebanese Central Bank in order to maintain a minimum economic stability.

 
 

For more details, watch the full report in the video above

Breaking Headlines

Lebanon

Economy

LBCI Next
Grand Mufti Derian travels to Saudi Arabia for Hajj
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More