UPDATE 2-Lebanese central bank tells banks to cap deposit interest rates
Lebanese banks will impose new
caps on interest rates on deposits and pay savers half the
interest due on foreign currency holdings in Lebanese pounds,
the central bank said on Wednesday, moves it said aimed to
protect deposits.
caps on interest rates on deposits and pay savers half the
interest due on foreign currency holdings in Lebanese pounds,
the central bank said on Wednesday, moves it said aimed to
protect deposits.
Posted by Reuters
