Association of Banks in Lebanon Urges to Reach an Agreement with International Monetary Fund

The Board of Directors of the Association of Banks in Lebanon on Tuesday underlined the association's unity and continuity in achieving its goals.
 
It also reiterated its previous stance that an agreement with the International Monetary Fund (IMF) was required in a bid to restructure and revive the economy by approving the necessary reforms and starting with their implementation.
 
The Board of Directors then considered that the distribution of responsibilities should be done in a fair and legal manner that, first and foremost, protects the funds of all depositors.