No. 50



Lebanese Support

Although six Lebanese banks have received approval from Syria to establish branches in the free zones, Lebanese banking officials expect that major Lebanese banks and Syrian depositors will reenter the local market slowly. Lebanese banks will be there, but it wont be a mad rush, a Beirut-based banking official told MEES. You have to look at it over a five-year timeframe. Even if you have a bank law, it will take time for things to get...