Another Wave Of Mergers Seen Strengthening Lebanese Banking Sector
Lebanons banking sector has seen anotherwave of mergers and merger proposals in recent weeks, with some deals signedand sealed, while other are under discussion. The development is seenstrengthening the industry, which, with its 60 or so banks, still needs toundergo considerable consolidation. The Central Bank of Lebanon has encouragedsmall and medium-sized banks to join forces in order to...
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