VOL. XXXIX

No. 22

26-February-1996

LEBANON

Lebanon Needs Two Exchange Markets

According to Mr. Nasir al-Sa'idi, First Deputy Governor of the Central Bank of Lebanon and chairman of the committee for the Beirut secondary market, Lebanon needs two exchange markets - a primary market such as the official Beirut Stock Exchange (BSE) and a secondary market, both of which are already in existence. In an interview with the London- based Arabic language daily al-Hayat of 17 February, Mr. Sa'idi...