Bassil with the deputy ABL president, Saad Azhari.
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Bassil said that total remittances from Lebanese have remained close to $7.5 billion, according to the World Bank, while FDI fell to $2.8 billion in 2013 compared to $3.7 billion in 2012 .Bassil admitted that the fall in the GDP growth since 2009 has affected the growth of deposits of Lebanese banks to some extent.According to Bassil, the Lebanese banking sector provided housing loans to 107,000 Lebanese families in different regions.Responding to critics who claim that banks are making hefty profits, Bassil stressed that the preliminary and unaudited results show that the average profits compared to the average private equity was below 12 percent and 0.97 percent compared to assets.
FOLLOW THIS ARTICLE