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Salameh mulls easing capital requirements 

January 22, 2014
The Daily Star

Central Bank Governor Riad Salameh is contemplating easing Lebanese banks’ capital requirements to help shareholders and investors collect more dividends from profitable commercial lenders, bankers said Monday.

Salameh made the announcement to a delegation from the Association of Banks in Lebanon last week but gave no further details.

“The capital compliance limit set by the Central Bank is much higher than many leading banks in Europe. We have exceeded Basel III requirements, which set the capital adequacy ratio at 8 percent,” Joe Sarrouh, the adviser to the chairman of Fransabank, told The Daily Star.

Read more: The Daily Star
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