Friday, October 16, 2015

Disclosure by banks available to clients. It is mandatory to show lending and deposit rates computations


The Central Bank's Basic Circular No. 134, which requires banks to apply measures to ensure transparent and fair dealings with their customers, has been completely implemented, said executives from Bank of Beirut and Credit Libanais.

The Central Bank, which issued the circular in February this year, had set September 30 as deadline for banks and financial institutions to comply with the provisions of the circular.

Georges Awad, Head of Retail and Branches Division at Bank of Beiru...

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