November 15, 2018 / 9:46 AM / a month ago

Lebanon C.Bank governor says bank deposits up 4pct on year

BEIRUT, Nov 15 (Reuters) - Bank deposits in Lebanon have risen by 4 percent on the year, Central Bank Governor Riad Salameh said on Thursday, and he expects economic growth in 2018 to be 2 percent.

“Lebanese banks have succeeded in maintaining foreign exchange inflows into their sector supported by (the central bank),” he said in a televised speech at a Beirut economic conference. (Reporting By Angus McDowall and Tom Perry Editing by Gareth Jones)

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