People walk outside Lebanon's Central Bank in Beirut November 6, 2014. REUTERS/Jamal Saidi
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Citi, the global financial services group, indicated that the risks from the recent slowdown in the growth of bank deposits in Lebanon are limited, and that the slowdown is unlikely to pave the way for capital flight.It noted that the government's dependence on banks for its elevated financing needs makes deposit growth a key indicator for the banks' ability to continue buying government securities.Citi expected the slowdown in deposit growth to continue as long as global economic uncertainties persist.
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