Middle East Economic Survey

VOL. LIII

No 14

05-April-2010

Lebanon

Lebanese Banking System Stable But Regional Politics Threatens Outlook, Says Moodys

Moodys Investors Service views the credit outlook for the Lebanese banking system as stable, taking into account the buoyant performance of the local economy in 2009, the relative improvement in Lebanese politics and relative stability in the region. Since the second half of 2008, the Lebanese banking sectors performance has defied global trends to...