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Banks warn financial gap law could deepen crisis

Lebanon Economy

05-01-2026 | 06:31

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Banks warn financial gap law could deepen crisis

A banking meeting concluded on Monday amid anticipation of a statement detailing banks’ objections to the draft financial gap law, according to information obtained by LBCI.

Banking sources warned that passing the bill in its current form would risk exacerbating the financial crisis in the coming years. They stressed that an economy cannot be structured solely around repaying deposits over a 20-year period.

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