LBCI

Mikati: Positive cooperation of all parties is a must to restore depositors' rights

12-10-2021 | 07:43

Share

Share

Mikati: Positive cooperation of all parties is a must to restore depositors' rights

2^min

Prime Minister Najib Mikati received on Tuesday a delegation of the Association of Banks headed by Salim Sfeir, in the presence of the Deputy Prime Minister Saadeh Al Shami.

Mikati affirmed that "meetings and contacts are underway with relevant international bodies to develop unified plan for financial and economic recovery that will be adopted and prepared for implementation in order to get out of crisis, as well as preparations to start negotiations with the International Monetary Fund to set medium and long-term cooperation program."

He also stressed that "in this regard, contacts include banks that should participate in the rescue because economic recovery refreshes economic cycle of which the banks are an essential part," adding that "positive cooperation from all parties is a must to restore the rights of depositors."

"The government's work is currently focused on electricity file, as it costed the public treasury two billion dollars annually without finding sustainable plan," Mikati underlined.

For his part, the President of the Association of Banks pointed out that "the solution lies in political stability and in the availability of clear intention to start reforms," adding that "solutions must lead to protecting depositors' money."

Breaking Headlines

Lebanon News

Lebanon

Najib Mikati

Reforms

Depositors

Crisis

Next

Source close to Hezbollah says Israel strike targeted Palestinian affairs official

Recommended For You

Unexploded civil war shell found during rehabilitation work in Horsh Beirut

07:39

Unexploded civil war shell found during rehabilitation work in Horsh Beirut

'No turning back:' PM Salam vows to restore state sovereignty and defend Lebanon’s rights

07:06

'No turning back:' PM Salam vows to restore state sovereignty and defend Lebanon’s rights

Lebanon’s parliament renews confidence in Salam government

06:27

Lebanon’s parliament renews confidence in Salam government

Lebanon sees high economic hopes in regulated cannabis sector

05:10

Lebanon sees high economic hopes in regulated cannabis sector

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Total arrests rise to eight over arms displayed during Ashura march

2025-07-09

Total arrests rise to eight over arms displayed during Ashura march

Foreign Ministry defends Rajji’s Brussels participation, denies meeting with Israeli official

03:24

Foreign Ministry defends Rajji’s Brussels participation, denies meeting with Israeli official

Israel's army says 'dozens of suspects' trying to cross from Syria

Middle East News

07:15

Israel's army says 'dozens of suspects' trying to cross from Syria

Israeli PM urges Druze not to cross into Syria

Middle East News

08:08

Israeli PM urges Druze not to cross into Syria

Videos

Pregnant journalist Petra Abou Haidar attacked in road rage assault

2025-07-15

Pregnant journalist Petra Abou Haidar attacked in road rage assault

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

2025-07-01

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

2025-06-10

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

2025-06-04

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

2025-05-19

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

2025-05-15

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

Kuwait rolls out official welcome for Lebanon's President Aoun – video

2025-05-11

Kuwait rolls out official welcome for Lebanon's President Aoun – video

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

2025-05-11

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

News Bulletin Reports

2025-05-09

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

Most read

24 hours

7 days

Month

Inside Lebanon's biggest drug lab: Lebanese Army tightens grip on Bekaa drug lords

1

Inside Lebanon's biggest drug lab: Lebanese Army tightens grip on Bekaa drug lords

Hezbollah calls Israel east Lebanon strike a 'major escalation'

2

Hezbollah calls Israel east Lebanon strike a 'major escalation'

Lebanon's Press Club condemns assault on journalist Petra Abou Haidar, calls for accountability

3

Lebanon's Press Club condemns assault on journalist Petra Abou Haidar, calls for accountability

A 'Druze crisis': Syria-Israel security deal in jeopardy amid Sweida clashes and Israeli strikes

4

A 'Druze crisis': Syria-Israel security deal in jeopardy amid Sweida clashes and Israeli strikes

MPs trade insults in chaotic session as Lebanon’s Speaker Berri steps in (Videos)

5

MPs trade insults in chaotic session as Lebanon’s Speaker Berri steps in (Videos)

Foreign Ministry defends Rajji’s Brussels participation, denies meeting with Israeli official

6

Foreign Ministry defends Rajji’s Brussels participation, denies meeting with Israeli official

Lebanese Press Syndicate condemns violent assault on LBCI journalist Petra Abou Haidar

7

Lebanese Press Syndicate condemns violent assault on LBCI journalist Petra Abou Haidar

Parliament resumes session on government performance

8

Parliament resumes session on government performance

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More