The ABL Board of Directors held a non-regular meeting today and issued the following press release:
- The Association of Banks in Lebanon welcomes the guidance voiced by His Excellency the Governor of the Lebanese Central Bank Mr. Riad Salame in his press conference this afternoon and hopes that the statements of His Excellency will have a positive impact on the Banks’ operations, especially that he affirmed the Central Bank’s commitment to the maintenance of the monetary stability and the exchange rate, and to the protection of customers’ deposits.
- The Association of Banks in Lebanon acknowledges the assurances provided by His Excellency the Governor that no Capital Controls or Haircut are intended to be adopted. It also welcomes the Governor’s guidance regarding transfers abroad and the necessity to be related to the people’s essential needs and consistent with the requirements of the current situation and the exceptional circumstances.
- The Association of Banks in Lebanon affirms the continuation of the responsible work to ensure people’s basic needs, and considers that the restoration of the political stability will significantly contribute to normalizing the situation again.
Department of Communication &PR