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Mikati: Lebanese Banking Sector is pillar of economy

10-11-2011 | 11:25

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Mikati: Lebanese Banking Sector is pillar of economy

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PM Najib Mikati said that the Lebanese Banking Sector is the pillar of the economy. “No Lebanese, whether from the public or the banking sector, can expose this sector to danger.

Mikati added that the Central Bank of Lebanon is taking the appropriate measures to protect this sector.

During the past few months, the banking sector received orders to refrain from transferring money into accounts of Syrians living in Lebanon or abroad. LBCI TV station reported that the Head of the Lebanese Banks Association Joseph Tarabay denied the existence of any money transfer operation from Syria to Lebanon.

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