Sep 07 2019 - 13:05
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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 Lebanon, news ,lbci ,أخبار Economy,Lebanon,A deposit of USD 1.4 billion entered Banque Du Liban
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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.

 
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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

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