Nawaf Salam Discusses Financial Gap Law and Depositors' Rights with the Association of Banks
Nawaf Salam affirms his commitment to protecting depositors' rights and enacting the Financial Gap Law.
SUMMARY
Prime Minister Nawaf Salam receives a delegation from the Association of Banks and affirms his commitment to protecting depositors' rights and enacting the Financial Gap Law as a fair framework for loss distribution and restoring confidence in the banking sector.
KEY HIGHLIGHTS
- Nawaf Salam affirms his commitment to protecting depositors' rights.
- The Financial Gap Law provides a fair framework for loss distribution.
- Banks are called to be partners in rebuilding trust in the national economy.
CORE SUBJECT
Financial Gap Law and Protection of Depositors' Rights
Prime Minister Nawaf Salam received a delegation from the Association of Banks, affirming his commitment to protecting depositors' rights and enacting the Financial Gap Law as a fair framework for loss distribution and restoring confidence in the banking sector.
Lebanese Prime Minister Nawaf Salam met this afternoon with a delegation from the Association of Banks, headed by Salim Safir, and updated them on the progress made in the process of enacting the Financial Gap Law draft.
Salam emphasized his firm commitment to protecting depositors' rights, restoring confidence in the financial system and banking sector, and moving forward with the necessary reforms to preserve financial and economic stability.
He stressed that the draft law constitutes a transparent and fair framework for distributing losses, considering that banks are called upon to be a key partner in rebuilding trust in the national economy.
KEYWORDS
MENTIONED ENTITIES 3
Nawaf Salam
👤 Person_MaleLebanese Prime Minister
Association of Banks
🏛️ OrganizationAssociation representing Lebanese banks
Salim Safir
👤 Person_MalePresident of the Association of Banks