Salameh Meets Aoun: Financial Situation Stable, Deposits Growing by 5%

by Naharnet Newsdesk 19 July 2018, 15:27

Central Bank Governor Riad Salameh reassured Thursday that the financial situation in the country is “stable,” dismissing rumors about the Lebanese pound.

“The numbers show that the growth rate for this year is estimated at 2% and that the financial situation is stable. Anything else being said is not based on correct numerical data,” Salameh announced after talks with President Michel Aoun in Baabda.

“Deposits in Lebanese banks are growing annually by 5% according to the current pattern. As for the ongoing changes as a result of the rise in the global interest rates in the region, Lebanon's situation is also stable,” Salameh added.

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