Finance Minister Yassine Jaber held a working meeting with a delegation from the Association of Banks in Lebanon (ABL) headed by Salim Sfeir, dedicated to discussions on the provisions related to the Financial Gap Law.
Talks focused on how banks, the Lebanese state, and the Central Bank will each contribute to covering the existing gap, and on reassessing the condition of banks in line with the Bank Restructuring Law, including defining the losses they must bear. The meeting was described as having taken place in a constructive atmosphere.
Minister Jaber emphasized the state’s “commitment to safeguarding the banking sector, just as it is committed to protecting depositors’ funds and the Central Bank.” He stressed the need for shared responsibility among all stakeholders to reach a fair solution that ensures the return of deposits to their owners, while underscoring that responsibility for illicit or suspicious funds rests solely with their holders and “cannot be defended by any party.”
