File - Moody’s latest outlook claims there are many obstacles facing Lebanese lenders in the coming year. (The Daily Star/Mahmoud Kheir)
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Moody's rating agency warned that the increasing exposure to the growing public debt in Lebanon is a major source of credit risks for Lebanese banks.Moody's, which released a new report about the credit rating of Lebanese banks, maintained its negative outlook of the local lenders amid a volatile regional situation and lower GDP growth. Despite these negative elements, Moody's noted that the private equity of Lebanese banks will remain stable in general.It also expected banks to maintain steady but limited profits.
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