VOL. XLIII
No. 49
4-December-2000
LEBANON
Lebanons Council Of Ministers Approves Draft Law To Unify Commercial Bank Shares
The Lebanese Council of Ministers on 23 November approved a draft law that aims to unify the various share categories of commercial banks. If parliament approves the law, it is expected to improve the efficiency and transparency of the banking sectors shareholding structure by creating a single class of bank shares, while attracting additional foreign investment into the...
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