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Lebanon Report
Marcopolis presents the Lebanon Report focused on the investments, doing business, economy and other topics featuring interviews with key executives and government officials. The sectors under review are industry, telecom, banking sector, ICT, investments and more.
BankingJuly 16, 2012
Lebanese Banking Sector Regulations: Most of Deposits from Lebanese Residents
- Written by Ben Novak
- Published: July 16, 2012
83-84% of deposits in Lebanese banks are from the Lebanese residents and 16-17% are from non-residents (a big portion of those numbers are from Lebanese who live abroad).
The banking sector and banks in general have always sought ways to be up to date with international regulations and to be as open and transparent. Lebanon adopted the circular 126/2012, US FATCA and will adopt Basel 3 by 2015.
