The Age Of Innocence Has Ended For Lebanese Banks

Very good read (if you’re into this kind of stuff) from Shadi Karam on how Lebanese banks will have to change their ways in order to adapt to a less forgiving and interconnected international banking system. The future, he notes, will be more competitive and more volatile.

There’s also in the Daily Star another article by BdL Governor Riad Salemeh asking people to invest in Lebanon. Coincidence?