Total private sector deposits in commercial banks grew by five percent to $151.6 billion at the end of 2015, compared with a year earlier, according to data provided by the Association of Banks in Lebanon (ABL). This was the slightest deposit growth rate recorded in the last seven years. The highest deposit growth, 21 percent, was registered in 2009.
Total assets rose over the same period by 5.9 percent to $186 billion.
"Even if the growth in deposits has slowed down compared wi...
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