Beirut Spring

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Remember that politics move quickly, and people and their opinions evolve.

Lebanese Banks’ Biggest Problem

December 13, 2010 · Mustapha Hamoui

They’ve got too much money on their hands:

Lebanese banks must urgently consider expanding their operations to other Arab and foreign countries to be better able to invest the excess of their deposits in projects and secure their shareholders’ profits, said a senior banker

Or they can instead loosen up their needlessly conservative lending policies at home…